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Posted On: 02/02/2021 2:37:37 AM
Post# of 148902
The highest this stock got to was $10.01 on June 30 last. At the close that day, short interest was 10.25MM. Then July 20 and 21 were the only other 2 days where the stock went over $6.00 That would mean, that currently, at least 20MM shares are under their shorted price. With today's price action, which could well be repeated over the next 2 days, there should be a great deal of short covering, since unblinding can happen any day now.. Volume today was 16.12MM, perhaps that covering has already started.
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