Shorts Up 112k to 1.89 Million as of April 15/23I'm surprised to see the short positiion increase at these levels.
They are obviously expecting some negative news in the pipeline, either a dividend cut or lawsuit setback.
I'm expecting at least one of these questions answered by May 11 Earnings date. Any positive news and we move higher.
Anything negative and there could be some selling pressure, but I think that most of the negative news is already baked into the share price.
Sienna's business model has worked for 50 years. This is not a start up, so long term, it will do well for investors.