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Message: Action.

Big profit taking day, almost 12 mill shares are traded by now. Testing support level  in $17 level, there is strong support at $ 16.50  we might get there , so it will give opportunity to make moves.

 Also , look at the huge increase in a short position  from week ago at 11%  which is driving pullback, I am sure.

Short Interest Ratio (Days To Cover)

18.3

Short Percent of Float

23.32 %

Short % Increase / Decrease

0 %

Short Interest (Current Shares Short)

16,000,000

Shares Float

68,600,000

Short Interest (Prior Shares Short)

16,040,000

 

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