Short Sellers Still Bearish on Overstock

Marc Cohodes aside, CEO Patrick Byrne’s resignation has not changed many minds.

Cayce Clifford/Bloomberg

Cayce Clifford/Bloomberg

The resignation of Overstock chief executive officer Patrick Byrne doesn’t seem to have changed many short sellers’ negative views of the troubled online retailer.

Byrne resigned August 22 after admitting publicly to an affair with imprisoned Russian operative Maria Butina, claiming earlier this month that it was part of a “deep state” conspiracy.

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