Weekend is over which means back to short interest time.

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sox0407
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Weekend is over which means back to short interest time. The actual short interest in IPIX is less than 1% of the OS.

Settlement Date: 7/31/2017
Current Short: 1,206,257
Previous Short: 1,302,241
Change: -95,984 (-7.37%)
Average Daily Volume: 389,777
Days to Cover: 3.09

0.92% of the outstanding shares were short.

http://otce.finra.org/ESI

According to the SEC, only 52,414 shares (0.038% of the OS) were failure-to-deliver as of July 10.

20170710|45782D100|IPIX|52414|INNOVATION PHARMACEU|0.96

https://www.sec.gov/data/foiadocsfailsdatahtm

IMHO interpreting short volume as actual short sales is misleading. If you want to learn more about what the numbers really mean, check out these two posts for some detailed explanations.

https://investorshangout.com/post/view?id=4630190

https://investorshangout.com/post/view?id=4670279

Innovation Pharmaceuticals Inc (IPIX) Stock Research Links

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