Numbers out today showing short interest still increasing with 444,000 shares as of April 30. Granted, some of the gains over the last few days may have been covering but SEC docs show Pleasant Lake Partners still buying. Demand for the stock will remain high while shorts get squeezed and hedge funds buy. I have no thoughts whatsoever of selling anytime soon.
I think these shorts must be betting on pork prices escalating. I don't see it. Corn prices should lessen as the demand for ethanol decreases as America becomes more energy independent despite Obama's desire to run us into the ground with all his policies.