RE:SHORTS avg/doubling down? add to that any TSX shorts and days to cover listed at 17 days which, in light of the tight ownership, is a vast understatement. This is after takeover rumours and subsequent managed washout. Gee, I wonder who 'leaked' that? Now wondering if it was an opportunity for the final rinse. This is an enormous number of shorts considering good financials and threat of buyout. Good recovery since May 13 (short report date and financials). Was there some short covering? There is a potential for a super squeeze.
curiousbuild wrote:
short interest increased by 3M prior earning release. stock is up about 40% since then.. not pretty picture for new 3M short bet.. I am guessing they are still shorting somehow.. today was a weird day overall.. let's see if we can break that 42 level. . wonder what short interest is on TSX for first half of May.. https://www.nasdaq.com/symbol/cxrx/short-interest https://www.nasdaq.com/symbol/cxrx/ownership-summary about 10M shares held by five institutions.. KKR top holder CB