PEN'S short positions was substantially lower than its peers,...

PEN'S short positions was substantially lower than its peers, particularly before that spike, which may have caused some dramatic short interest in PEN.

Additionally to that, many uranium miners across the board show very similar short spikes that time of March/April, again being even larger percentages than PEN.What you are seeing there may be more of a macro influence than a isolated one.

The macro sentiment is now seemingly changing, as shorts can be seen to be finding their exits.One for example, Lotus energy. Note the similar short spike, at the similar time.