Short Interest Drops (only slightly though) Short interest in BBRY (NASDAQ) has drop yet again, but this time it only dropped by about 200,000 shares which is not too much. Days to cover also dropped with higher volume over that same time frame.
Short interest in Blackberry remains high, but it's still the lowest it's been in well over a year (or two?)
Short interest as of Nov 13th stood at 73,922,708 shares and 9 days to cover.
https://www.nasdaq.com/symbol/bbry/short-interest
The trend is lower which is good news.
With the Priv being so well received, I'm a little surprised that it hasn't dropped by more tbh.