RE:Short Activity on CXRXThe short interest on CXRX is, as of April 30th is 19%! Up 17% Today volume was 63%
That is very high it seems?
The shorts either expect a disaster going forward or are taking a significant risk here? I wish I had a crystal ball.
Concordia Healthcare Corporation
$ 23.42 CXRX
Short Interest (Shares Short) 6,917,900
Days To Cover (Short Interest Ratio) 7.7
Short Percent of Float 18.67 %
Short % Increase / Decrease 17 %
Short Interest (Shares Short) - Prior 5,891,400
Daily Short Sale Volume 63.30 %
Daily Naked Short Selling List No