Slightly lower by 400K from 8/15. Guessed it right. Part of the large volumes we were seeing are short transactions in and out and mostly a wash. So daily volume is misleading as most of it is trading.
The warrant holders have to be a big chunk of the shorts. At first, I was very disappointed when MNKD CFO stated he thought there would be 60M+ coming in from the warrant holders. I had hoped more would have converted by now. But given some thought, it could be seen as a positive because a significant number of short shares may be covered by warrant conversions, thus having no effect on the price of the stock. It would seem to be completely stupid to be a warrant holder at 2.40 and not have shorted this stock when it was apparent the price was going to drop significantly after results were published.
If I'm correct, unfortunately that may mean no short squeeze, but it also means that there is a lot more confidence in the stock than what the high short interest might imply.