Shorts have decreased to 13.9 million shares shorted (over a 2 million share reduction / covered & returned). This reported on a date when daily volume exceeded 7 million shares traded. This means that 5 million shares were purchased by investors who expect the share price to move well north of the offer or current share price. Shorters continue to experience difficulty covering a decreasing volume of shorts.
TIE Price at posting:
62.3¢ Sentiment: Buy Disclosure: Held
