NASDAQ just released the SIGA short interest numbers for 2/15: 7.1 million shares or up about 1 million since 12/31. Great if you believe in an upcoming short squeeze, but obviously not everyone is drinking the Kool-Aid.
13% short interest is a big drop from a few years ago.
Yep. And a lot of it is hedging the recent buys (this also accounts for PIP's 2% blip today).
In the past the big sorters were right, and we were the ones who got squeezed. ...just sayin'.
how much cash do they have left ? thinking of buying some shares with this possible break out, but they look a little tight ?