Changes to the Frequency of Short Interest Reporting
On March 6, 2007, the SEC approved amendments to Rule 33601 that increase the frequency of short interest reporting from monthly to twice a month. Effective September 7, 2007, member firms will be required to file short positions with FINRA using the Web-based RFA twice a month (see NTM 07-24). The mid-month Short Interest Report will continue to be based on short positions held by members on the settlement date of the 15th of each month. If the 15th falls on a weekend or another non-settlement date, the designated settlement date will be the previous business day on which transactions settled. The end-of-month Short Interest Report will be based on short positions held on the last business day of the month on which transactions settle.
I took some in myself today, however I would not read to much into if some fund got out. From what I observed the stock hit some large stops at 4.29 and 4.24. I think the market maker can take this thing any place he wants. The stock went from 4.36 to 4.79 in a hurry on no news of any kind.