Aris Shorts got the memo.I pointed out the high level of short interest up to mid-March was the highest for a year. The end of month data came out and shorts covered vigorously.
Aris Canadian Short Interest As far as the stock goes, we've seen an increase of $1 in a month. Aris is actually doing better than the rest of the sector. Today's touch of $5 and sideways grind is the stock bouncing off of a resistance trend line. What I like is the volume for the past couple of days is double the average daily volume. There's the age old addage that volume precedes price. I would like to see the US ticker ARMN get over 500k shares traded per day. The more liquidity in the US should mean higher stock prices.