Per previous posts, the close of the short is set at about $240. Today's price sits at PS of 7.5. Therefore, the close of the short position wis set slightly higher than the calculate PS ratio of 6 (i.e. $295.5*6/7.5= $236.40)
Note
still short now at company is valued at ~9 x salesDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.