The stock of 5BARZ INTERNATIONAL INC (OTCMKTS:BARZ) registered an increase of 64.94% in short interest. BARZ’s total short interest was 152,400 shares in October as published by FINRA. Its up 64.94% from 92,400 shares, reported previously. With 811,400 shares average volume, it will take short sellers 0 days to cover their BARZ’s short positions.
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Why do I frequently see these reports about shorted shares for Barz? I understand that it is probably required to inform - but 152,000 shares, really?
152,000 shares could be trader before noon tomorrow. I am not sure how shorting a pink works but I think I would be much more concerned if 10 million shares are primed to short in a month.
Can someone explain to me how shorting a pink works and what the information I am referring to means? Is it only 152,000 shares being shorted in October?
Thanks!