Short data from yesterday indicates the shorts are dropping. 3.8m shorted yesterday representing roughly 25% of volume and 0.61% of total issue.
Someone posted a daily short report (yesterday I think). The total shorted and daily % was higher in previous couple of days than yesterday (from memory) which means the trend is downwards. I'll bet you a Coke that these numbers are lower again tomorrow (for today's trading).
One thing that is clear is that support has been found in low 3.40s. As Nine Lives points out, it's like a tightly coiled spring and it could pop in either direction. The smart money is predicting a bounce up IMO.
VOC Price at posting:
$2.47 Sentiment: Buy Disclosure: Held
