RE:Approx. 1.5 Million Shares Short as of March. 15/23No reason for concern. This is a thinly traded stock and this group of shorts, jumps on it during any bad news and try and drive it down with shorting. These low volume stocks are easy vicitims to manipulation. The last earnings showed cost to run LTC beds was higher than expected (inflation) and I know Sienna management is in dicussion with both the province and the Feds for additional monies for these beds. It will come - only a matter of time.
When any level of government comes out and says they are increasing money for LTC beds, this stock will move higher and quickly. Then watch them cover. Shorting here at this level makes zero sense to me.