r/stocks Mar 29, 11:35 PM
Huge After-Hours Trading in VISN recently VISN will soon be announcing the actual Dividend Date and Holding Record Date for the one-time special $10/share dividend
Recently there has been huge big block buying after hours , that has been 50-60% of the total volume of the trading day.
Here is my detailed summary of those AH transactions (totaling 60m shares from 1/2/26 - 3/27/26 ; note again that this volume is only the AH volume , not the total volume for the above dates.
The total shares in company is 225,462,013 !
Note: The company announced back in Jan 12, within a paragraph (not in headline), about this dividend , and said it will happen between 60-90 days of that Jan 12 date.
They have re-iterated this info on their 2/26 earnings conference call as well as in their SEC filings
So due to the fact that VISN will soon be announcing the actual date and record date for the special $10+ /share dividend , the short holders will be forced to PAY that huge dividend , unless they cover ASAP.
In just released Short Interest data, it shows interest went down by 1.5m shares (from 13,121,957 to 11,540,030).
And that covering took place over only 10 trading days 3/2 to 3/13…. So much more short covering to come !
submitted by /u/WascoEquities
[link] [comments]