Post by
sollmg on Aug 19, 2022 9:41am
15 Aug Short Count - 3,525,369
That is 17.65% of the float. Short sales over the 1 -15 Aug period were 6,423,333 @ ave of .178. That was 69.5% of total trading.
Comment by
borrowedhumor on Aug 19, 2022 1:22pm
Could you help interpret this data? What does it mean for an average investor
Comment by
sollmg on Aug 19, 2022 3:13pm
iMO it means that ABO is building a substantial short position at current prices before they drive the share price down and convert more of the debentures at the end of the month.