Humanigen Inc (HGENQ)

[Engineering_Simple]

Looks like an HGEN short bought back

I wasn't too familiar with how shorts close their positions, but it appears that shorts have to close their positions with market orders... which could explain the spike and rally into the close in the last 40min.

Would love for someone to chime in to confirm/reject/supplement this.

To close a short position, a trader buys the shares back on the market—hopefully at a price less than what they borrowed the asset—and returns them to the lender or broker. Traders must account for any interest charged by the broker or commissions charged on trades.

https://www.investopedia.com/terms/s/shortselling.asp#:~:text=To%20close%20a%20short%20position,or%20commissions%20charged%20on%20trades.