Avid Bioservices Inc (CDMO)

[exwannabe]

KT, the Naked Shorts topped themselves again today. I wonder where the share price would be without them.

In a stock with little interest all you have is day traders who are 50-50 and market makers who have to sell when somebody hits their asks.

That is why the short interest trends to near 50% for such.

An it is not "naked" short. A short can not even legally be naked for 3 days, and at the data you are looking at is current.

The stock has a low PPS because it deserves it.