Ranger it is interesting we have been coasting along in this price range for quite some time now and someone just now decides to cover 670k of a short. Two things they are either worried about a surprise upside coming or they don't see much more downside. Granted they probably already made a killing.
Previous settlement date for short interest was June 30 and settlement date for this short interest report was July 15 so the cover happened between June 30 and July 15. July 1 was the largest day of volume for the month on Amex at 1.24M....the volume has been very low ever since.