I don't think the shorts are gone at all. I believe the offer today was mostly OTCX an ECN. Typically he blocks for the naked shorts and is trying to contain this by putting just a little paper on the offer. This was $5 in December and the naked shorts are in $$$$$ big time. I believe there are quite a few shares short and OTCX is trying to contain a eventual short squeeze. I'm looking forward to the fundamentals as OPTI had a show in Baltimore and would like to see the results of that show. I believe fundamentals and a short squeeze can send this parabolic. At $2 the cap is 18m not big at all. I think the burn rate is very modest to say the least. The management team certainly not making a king's ransom.....glta.
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