Between 14/06 and 28/06 Acadia's short interest decreased from 12.6m shares to 11.9m shares. (NASDAQ). During that period the SP moved 8.9%+
Since that period to now, the SP has returned +14.76%. (As of July 10th)
ACAD's 52 week low according to CNBC was 14.55 which occurred on the 10/06 (CNCB)
The previous recorded short position on 14/06 of 12.6m shares or approx 11.7% of issued shares is the highest that I can see on record based on that data provided by the Nasdaq.
If Acadia instils confidence into the market that they will meet their guidance in the Q2 earnings call, I suspect a sustained (but perhaps slow) recovery to their SP.
Acadia, page-638
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$20.52 |
Change
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