About the middle of December, someone began to aggressively short FUGI, to the tune of about 4,621,599 shares, driving the price down to way below a penny. I do not think there has been a significant amount of covering yet, based on the volume and the fact that shorting was still going on as of last Friday.
The total for the column headed "ShortVolume" is 4,621,599. Dates not included on the list below did not have any short sales listed for the day. The list is updated daily at about 6 pm EST.
I believe a major squeeze is going to occur in the near future, based on the data we have to date. With a market cap of only $800,000 and revenue in the multiple millions, the shorts are certainly on the wrong side of the trade. I'm liking it!
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