interesting short table... seems that short interest was near...

interesting short table... seems that short interest was near 10% of holdings for most of the time since its peak back in October of 2018... the time of their 1/2 yearly reports and announcement of the acquisition of Globecomm. At that time, debt had increased 50m in 6 months to 430m, and then they added the purchase of Globecomm for another 135m + 40m headroom!

Shorters must have known / bet that the company would struggle to produce strong cash flow / profit numbers for the near term which such a poor looking balance sheet and key markets in depressed conditions. Shorts dropped off steeply in September for a short period... wonder if they had thought they had killed it then?

Fast forward to last report and debt was then at 625m.... this company has been bleeding for a while now and while on paper they are market leaders in their respective segments... without a reduction in debt... cant say it will remain

Sorry for fundamental view in the technical thread... but it seemed to follow on well