Short interest at 18% is certainly elevated, last time it was here in Dec 2014, there was a 70% bounce from $1 to $1.70.
I don't think shorts are being put on or off at the moment, SI hasn't moved for a while . We are seeing real selling, yeah we all assume Manning Napeir using a variety of European Brokers. MS had a buyer, but theyve been filled in by the seller.
Anything with debt at the moment is being sold or avoided, it is cheap, but could be for a while. But this is the time to buy, then a patiance game.
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$8.55 |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9310 | $8.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.56 | 4000 | 1 |
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No. | Vol. | Price($) |
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1 | 2320 | 8.540 |
4 | 14258 | 8.530 |
4 | 52665 | 8.520 |
2 | 25919 | 8.510 |
4 | 41435 | 8.500 |
Price($) | Vol. | No. |
---|---|---|
8.560 | 4000 | 1 |
8.570 | 85 | 1 |
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