Post by
HollerAtTheMoon on May 15, 2016 8:25am
CONCORDIA SHORTED SHARE INCREASED BY 17.42%
The stock of Concordia Healthcare Corporation (NASDAQ:CXRX) registered an increase of 17.42% in short interest. CXRX’s total short interest was 6.92M shares in May as published by FINRA. Its up 17.42% from 5.89M shares, reported previously. With 900,400 shares average volume, it will take short sellers 8 days to cover their CXRX’s short positions. The short interest to Concordia Healthcare Corporation’s float is 18.67%. The stock increased 14.20% or $3.27 on May 13, hitting $26.3. About 1.10M shares traded hands or 89.25% up from the average. Concordia Healthcare Corp (NASDAQ:CXRX) has declined 25.05% since October 8, 2015 and is downtrending. It has underperformed by 26.70% the S&P500.
Comment by
CNInvesting on May 15, 2016 9:40am
I suppose you ''forgetting'' to mention that this was on 2016/04/29 was only a typo mistake ? Here: https://www.nasdaq.com/symbol/cxrx/short-interest
Comment by
HollerAtTheMoon on May 15, 2016 10:27am
It will be interresting to see how shorts will now react and how it shall impact the stock price