According to NASDAQ, as of 2/14 there were 14 days to cover the % of short interest in shares. Since then, the stock is up nearly 14%, and is approaching another big round number. I have to wonder again about whether DORM will generate interest by splitting the stock when it hits, or surpasses $60, which is hopefully later today. Good luck, longs.
Hi SP. I just updated my spreadsheet for short interest. It's pretty high right now. Sometimes those guys are right and sometimes not, but it's worth watching. Wish I had held my shares from a few years ago, but I didn't.
I can't figure out what the shorts see in this stock. It seems that they like working with higher beta stocks. That said, DORM is rather thinly traded, i.e., easier to manipulate with less money. The stock might back-and-fill for the next couple of weeks, as it has that tendency. Or the shorts will feel pressure if a big buyer steps in, and we'll get a nice squeeze. Time will tell. Good luck longs.
Well, let's see if we can hold $60 today. Good luck, longs. Zacks just mentioned DORM favorably. That said, much of the short squeeze has been exhausted, with "only" 8 days to cover as of the first of the month. It's probably less now. However, those who were misguided enough to short DORM over the past couple of years may still be misguided enough to add to their positions or enter a new short position. We'll see...I'm still long. DORM has been my best performer over the past few years, FWIW.