China-Biotics, Inc. (CHBT)

[viking86]

yes, short interest still very high. But days to cover have increased to almost 15 days from 9, meaning it is getting much more difficult to cover at a gain compared to a month or 2 ago.

Seems to me the "sell-the-news" on E/R will die down very soon and the stock is getting good support near 14 (probably from buyback?). So I am expecting the short squeeze to intensify now, the more shorts the more fuel we have for the runup.

http://www.nasdaq.com/aspxcontent/shortinterests.aspx?symbol=CHBT