Www.shortdata.caJust looked at the short trades on this website. In the 2 weeks to July 31 there was a huge spike in short trades on VET. No surprise, this was the 2 week period that saw price go from mid-28 to mid-23.
so if the stock can move into the 23s, I would expect considerable covering to happen by those guys who shorted in last couple of months. Also next ex-div is 2 weeks away, that’s another 23c unless they cover before the end of the month.
for the last 2 months the shorts have crippled the stock price. Now it’s time for their balls to be put between a vice...