These professional short positions will hack and hack to exit their positions (will probably even cheat a little). No other explanation since the DOJ Body Cam news was released on May 1, Short Interest Reporting DUE DATE for April 30 was yesterday, May 4, at 6 PM. will Disseminate after 4 PM on May 11. Will be interesting to see if Hedgie/Wedgies got their Kiesters Out of their Short Positions with the PPS rising so significantly. NOTE: All info available on NASDAQ site.
The unexplainable drop is not a chart or news item ... it is the continuing saga of excessive short shares and the game playing that hedge funds and those who own them do to manipulate the stock price and their positions. Nasdaq settlement date closed yesterday 3/31 and the report due date is tomorrow 4/2 and the publication date for short interest level is 4/10. What a Soap Opera game this has been.