2,534,277 shares short....about 310K covered.
Curious if this has been our support around the $0.30 mark
Very recently shares avail. took a sharp spike upwards to 700K. About a week and a half later it was down to 350K today.
Lets see if this holds to month end and the next report shows a increase in the short position again.
part of the last update I posted;
***Lets see if this holds to month end and the next report shows a increase in the short position again. ***
I was a bit suspicious ....tea leaves seemed to indicate a change was afoot.
The result a increase in short interest:
3,035,069 shares short
Highest short interest of 2018 and highest since just after the last secondary.
Then we also have the Swiss filing from month end.
Still alot of shares avail. for shorting...something like 700K at IB today
Overall to me the action has been light for the most part and I believe plenty of churn but where did 1.44 million shares go ? 933K from Post finance and 500K shorted. Dollar value wise it little...maybe $420K
We should get Q1 2018 results before the ASM....spin should again be interesting.
7/13/2018 687,030 shares short up 310K shares or close to a double in about 2 weeks as every share avail. was searched out and sold.
Didnt take much to see it was getting hard to borrow even though the reported numbers isnt much more than 10% of the total outstanding shares.
If we go with the arb. route WST put forth it plays in perfectly