Desser
$TDOC Smart money keeps quietly accumulating under $6 while shorts lean in ahead of the Oct 28 earnings call.
• Counterpoint Mutual Funds expanded their position by +1,000% in Q3, bringing their total stake to 1.65M shares (~0.91%).
• Dimensional Fund Advisors (DFA) recently disclosed a 5.0% passive stake (9.1M shares), adding to institutional anchor support alongside activist Voss Capital (~5%).
• The Squeeze Math: Short interest sits at 30.1M shares (16.69% of float). With institutional ownership at ~86%, the active non-institutional float is only ~$23.7M shares.
That means the short position is currently 127% of the true tradable float with an 8.9 Days-To-Cover ratio.
Tightly locked float + persistent institutional accumulation + high short density = strong fundamental setup if Q3 execution holds. Patiently holding into earnings.
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