The higher the number of shorts, the more stock has to be bought to cover, so I consider that a potential positive for the share price.
The rate of shorting is decreasing, the share price is in an uptrend, the shortman chart has diverged from the share price, like it did in about Feb last year, and look what happened after that.
Save for an unanticipated disaster, the only way is up right now. Plus a good quarterly will help!
ORE Price at posting:
$4.72 Sentiment: Buy Disclosure: Held
