It wouldn't be surprising if some of the institutions from this weeks Global Hunter Conference were starting new positions in LPH. Or new institutional positions in LPH from some of the Brean Murray Conference attendees in Beijing a few weeks ago. Short interest will never go to zero but a short interest at this point is one card short of a full deck imo.
nice pattern of accumulation- I hope we terminate with extreme prejudice when the time comes, but I don't think this is a meaningful short. Now if we work our way up to $2.15 and the shorts build, then we could see some fireworks. That would be nice.