Capstone Green Energy Corp (fka CGRNQ)

[CaptWhizbang]

Short Shares:

Last Tuesday Short Sales took 56.57% of the Daily Volume (The greatest percentage of the quarter) on high volume for a total of 3,066,802 Short Shares. This was the highest Daily Short Sale total this quarter.

Short Sales increased, consecutively, each of the 1st three weeks of this month week of this month.

The number of Short Sales totals each week of Oct. were the highest in the entire quarter.

Daily Volume has increased each week in Oct. and was the highest totals since the retrace.

Except for one day, the entire month has had Daily Volumes greater than Average Daily Volumes; reaching a high of 297.35%.

Weekly Tot....Daily Volume...Daily SS Vol....SS % of Daily Vol.
1st week.........14,156,622....3,325,683.............23.85%
2nd week........16,779,819....4,175,934.............28.15%
3rd week.........28,007,542....7,905,438.............28.09%
I believe the strong down pressure was to allow the shorters to rid themselves of a large amount of their shares while buying-to-cover at the lowest price they can manage. At such low prices many investors in the market will begin to see the prices as attractive to buy.

Last week, the 4th week of Oct., the Daily Volume and the Daily Short Shares reversed their trend and decreased consecutively daily:
Date.....Daily Volume....Daily SS Vol....SS % of Daily Vol.
20-Oct.....5,421,251.......3,066,802...........56.57%
21-Oct.....4,271,163.......1,743,489...........40.82%
22-Oct.....3,667,321.........591,172...........16.12%
23-Oct.....2,049,850.........307,068...........19.98%
24-Oct.....1,383,415.........424,155...........30.66%
Week Tot..16,793,000.......6,132,686...........32.83%

I believe the reversal of the pressure down ward of Volume and Short Shares shows a slowing of the fall in preparation for a rising pps leading onto the 2Q Report.

This is confirmed by the pps going into Short and Intermediate Consolidation Monday, with high volatility yesterday and today, and the 10 and 20 day volatility decreasing.
http://www.stockscores.com/quickreport.asp?ticker=cpst

While Complete consolidation would foretell a significant move, up or down, I believe this consolidation is the Institutional Traders and Hedge Funds moving to slow the pps swings leading the pps to reach a consolidation point before the 2Q that the Shorters feel comfortable waiting for the 2Q results.

These last two days the pps has once again reversed itself and now is increasing in Volume and Short Sales as the price goes upward:

Date.....Daily Volume....Daily SS Vol....SS % of Daily Vol.
27-Oct......1,998,808......674,997...........33.77%
28-Oct......2,819,364....1,209,789...........42.91%

I believe this indicate the shorters are increasing their action once again in preparation for the 2Q. Factor in retail and Institutional buyers.

7 days to 2Q.
GLTA
http://shortsqueeze.com/