Below Is A Link To An Article With Possible Explanations. Here's An Excerpt: "...outstanding share ownership exceeding 100%... could be caused by short selling."
$CDMO (Avid) Institutional Investor Ownership Peaked Way Above 120% (I Seem To Recall 126%, But I'm Not Sure...) Anyways, Imho, Since The II Ownership Is Dropping, (Now 106.96% per FINTEL), I Believe That Shows Shorts Are Finally Covering.