InterDigital Inc (IDCC)

[jealmc79]

“They just keep digging the hole they will get buried in.”

That short interest could all be from the debt IDCC owes. Selling shares short is how the bond investors can increase their rate of return on that 3.5% interest they’re getting. I’m surprised that the short interest isn’t much higher with the number of shares that are attached to the bonds.

Also doesn’t make sense to me that IDCC would be buying shares now that the stock price is over the conversion price of the bonds. That would just cause more dilution with some of the bonds maturing March 1.