Current trading activity
The initial thinking might be that this could be a short covering rally as one would have expected a very large short position established when this stock traded 38 million shares in 4 sessions at an average price of 275% above the previous month average. But if there was a short put on it was probably not very large and was quickly covered before the Dec 15 report. Thus the buying taking place right now is probably nothing to do with a short covering rally but purely interest to buy shares for future value. Short Positions for IB Symbol Report Date Volume Change Shares Issued % Float V : IB 2013-12-15 22,500 22,000 62,287,007 0.04 V : IB 2013-11-30 500 -5,400 62,187,007 0.00 V : IB 2013-11-15 5,900 5,900 62,187,007 0.01 V : IB 2013-10-31 0 -1,700 62,187,007 0.00