Short presence has continued to decline from Dec. of 2012 to date.
It has continually declided month to month and is now at about 1/3 of what it was at the low or there abouts. Always encouraging when you see the doubters fade as the stock moves up versus coming in heavier. I don't know what the actual value of the company is, but after being about halfed by selling off assets and reducing debt, it seems that a stock price of $12-$15 a year from now would be resonable given the costs innitiatives that have started to take hold and potential reinstatement of the dividend, which will bring the old-timers back in for the income stream and a company they know and trust. Being over $5/share also is important to allow money managers to add us to their portfolios now that we are out of the penny stock category. I am a buyer here to see where the next few years go. Nice to see insiders buying in the $6.70 range as well.
I don't know about the reinstated dividend part as I think that SVU needs to stay focused on serving their customers, growing top line (and ID sales) and as a result, their bottom line profit by investing everything that they can into the business but otherwise, I agree with your post.