Anavex Life Sciences Corp (AVXL)

[jimmy667]

I am not sure of what can be known because of the opacity of short interest.
What I think recent events have shown is that opacity is causing hedge funds to excessively short many stocks because they can not get an accurate reading on how much each stock is already shorted. Couple that with the fact that the prime brokers can loan out counterfeit shares for a interest fee then more than the entire float can be shorted in the popular stocks to short like those companies struggling in the pandemic and the ever popular pre-revenue biotechs.
Any little positive interest in the company can cause a short covering spike. Every single ALZ company spiked violently upwards Thursday in sympathy with SAVA from AC Immune down to some very small $100 million Market Cap issues.
Shortsellers seem reckless especially in the face of a new round stimulus coming from Congress.