Titan Medical Inc (TMDIF)

[66Mustang]

Just to bring closure to a recent topic...

Yesterday 573K shares traded, and 128K of those were short sales.

Quick division shows that would be 22.3% short. The previous day showed 41.6% short. So back to more basic math:

41.6 - 22.3 = -19.3%. The increase in short percentage yesterday was NEGATIVE 19.3%. I think that actually implies a decrease, not an increase. But I'm not calling it a "trend" after just one day.

If I had to bet (although it's not something I would really bet on because it is fairly random) I would guess that the short percentage will increase today. If for some reason it does not, it COULD indicate that the shorters are getting a little spooked, as they rightfully should be. Someone did some really nice scooping yesterday!

Unrelated topic... Has anyone out there been in contact with Titan management lately? More to the point, has anyone gotten a reply from them?