NorthWest Biotherapeutics Inc (NWBO)

[JerryCampbell]

Early July nwbo shares outstanding jumped, presumably from conversion of warrants about to expire.

For the first two weeks of July, short interest dropped 6.8m shares, yet nwbo stock price retreated. The obvious explanation is that it was warrant holders who were short, and they delivered conversion shares to close positions. Thus, 6.8m shorts were closed with no market buying.

If it is warrant holders who are short (which seems far more likely than speculative shorting), there is zero squeeze potential.