POTX - Marijuana stocks continue burn out in afternoon trading following likely short squeeze

After a run that has seen some cannabis names such as Tilray (TLRY) and Sundial Growers (SNDL) more than double in price through the past 5 trading days ending yesterday, the sector is off today.Several companies were actually up before the opening bell, then subsequently went into the red, and have continued to stay there.An article today in Barron's cites Ihor Dusaniwsky, managing director at S3 Partners, a short-selling analytics firm, that a short-selling angle may be in play.For example, S3 says that Tilray began the year with a short interest of about 48%, a figure that now stands around 23%.The financial newspaper reported that according to Dusaniwsky, Tilray and Cronos Group (CRON) saw the largest yearly decrease in short interest as a percentage of tradable shares.Dusaniwsky noted that the top 20 cannabis shorts were off more than $4.3B in net-of-financing mark-to-market losses this year as of yesterday.Pot stocks are

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Marijuana stocks continue burn out in afternoon trading following likely short squeeze