But not TLM
add 8% held by insiders, another 30% held by institutions, leaving only about 2.1 million shares available, many of which are being held by longs who won't sell unless the price goes up, which brings in more buyers, causing shorts to panic and cover all at once with what little is available.
On July 29th USU got funding from the DOE to continue the ACP project and the stock ran from less then 10 to 29. The funding was only enough to keep the project going to Sept. 30th, Now funding is needed for the final leg and could be announced shortly. It is highly unlikely the DOE will not fund the final leg of the project.
The project on budget, on time, and the Tech works. USU will have an important new technology, has 1.2 billion in sales, and is valued at only 53 million.