17 days to cover. from a new multiyear high to stock that can't find a bid and huge short interest. is this manipulation or some bad news about to break. really had hope for a takeover or going private. new management looked good at first but same old sifco. edac was the play.
Days to cover is distorted too. Has only traded 10,000 shares or more ~28 days in the last year: a year in which it went into the Russell. There could be problems at the company or there could be a great short squeeze on the horizon.
both the trading and inner goings on in this stock is totally inexplicable. what is the story with silks resignation from the board? Has he been dumping shares? for months now a large part of the daily volume takes place at 4:03. It makes little or no sense that this is still a publicly traded company. Let a short squeeze begin....please.