Anavex Life Sciences Corp (AVXL)

[wildcard235]

McMagyar, I think you are and some others may be misreading the short data, and conflating short trades that are closed within the same day (often at sub-second speed) with short positions held overnight or longer.

The high volume of same-day open & close short positions is a normal part of a Market-Maker's techniques for promoting liquidity. I'm not familiar enough with it to rule out that it might be used maliciously, but it certainly doesn't have to be, and even if it is, those sub-second open & close short trades do not stay open overnight.

The best indicator I'm aware of regarding overnight or longer short positions is the Stock Loan Borrow (SLB) rate, which is the interest rate charged on shares borrowed, which is currently very low for AVXL, and has been ever since the Reddit/GameStop destruction of industrial-level shorting.

It appears to me that no major players are buying the foolish claims of AF and his clones.