for sure the shorts have been busy covering last couple days, short interest was 10.6 m as of 4/15, whereas the volume in ebix will be at least 10.5 m shares above normal last 2 days, must be some short covering
sale price seems like a ripoff given shares were well above up until november.
nevertheless I sold the last of my shares at 20.47, premium to buyout offer too good to pass up even with risk that another buyer MAY emerge
correction volume is now 8.3 m above normal for today + yesterday, but still capitulation level. Guess the rip above 20 was the short covering. I'm surprised there was not more of a squeeze but no coincidence the latest short hit pieces came out today