Concordia: is it a short squeeze or is it going up for good This stock is showing signs of recovery since February 1: + 60% (from $ 2.42 to $ 3.89) and strong increases in volumes traded. One news is probably behind this movement, Concordia managed to make a large payment on February 1st that was due to expire. This probably triggered a short sqeeze, short sellers rushing to buy back the shares they had borrowed on fear of a resurgence that would continue. Is there something more to this surge?
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