Posted On: 06/09/2016 4:19:18 PM
Post# of 72443
On nearly identical volume to AVXL. I thought that up listing assured higher volumes and institutional support? Something interesting I was looking at the other day.
AVXL has what 35 million shares in the float now, yet look at the short interest. 3.8 million shares.
~10%
http://www.nasdaq.com/symbol/avxl/short-interest
Yet CTIX has what ~100 million in the float and only 1 million short.
Only ~1%
http://www.otcmarkets.com/stock/CTIX/short-sales
I have seen the thought posed that up listing actually encourages shorting since one can use options to cover the danger of a stock price spike whereas that is not possible with Otc-bb stocks. Thoughts?
AVXL has what 35 million shares in the float now, yet look at the short interest. 3.8 million shares.
~10%
http://www.nasdaq.com/symbol/avxl/short-interest
Yet CTIX has what ~100 million in the float and only 1 million short.
Only ~1%
http://www.otcmarkets.com/stock/CTIX/short-sales
I have seen the thought posed that up listing actually encourages shorting since one can use options to cover the danger of a stock price spike whereas that is not possible with Otc-bb stocks. Thoughts?
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