Concordia Healthcare Corp. T.CXR.R

short interest decreased

[Crazyluffy]

So wired, the sp fell with the decreased short %.

https://shortanalytics.com/getshortchart.php?tsymbol=Cxrx

[DeltaVega]

SP up/down due to retail traders?   Possibly we went up to fast from low of $29.58  over 50% in 10 days. Need to slow it down :)  

[CNInvesting]

How does this chart even makes sense ? The data for short % at May 31 aren't out yet. When the short % decreases, SP goes UP, because they cover. There's no other way around it. It's a reversed relationship all the time. Unless like you mean it's ''wired'' in which case there's absolutely no reason for us schmucks to be in the stock market in the first place.

[sunshine7]

This chart is using daily short activity as a % of total trades. It does not imply covering or growing nor does it measure total short interest as a % of float. I have yet to find real meaning to it except that short trading is increased or decreased. With all the wash trading these guys do, it becomes meaningless.

[CNInvesting]

Thanks for the clarification!