Emerald Health Therapeutics Inc TBQBF

EMH short position dropped 138% from Mar15 to 31st

[vandenp]

Shorts were covering between $4.82 and $6.05 during this time.
Since then, shares have traded in the price range of $3.39 and $5.15.
I believe we will see another large drop in EMH's short position when the data comes out on April 16th.
This is likely why Metalbrain2016 has not been relentlessly bashing the stock as of late.
Clearly he/she covered.

Anyway, I see this as good news and bad news.
Good news is that even those shorting EMH believe it's likely going up from these levels.
Bad news is, we're not likely to get the short squeeze that could have given the share price a real boost.

All IMO.