Capstone Green Energy Corp (fka CGRNQ)

[CaptWhizbang]

Shorters appear to be reducing downward pressure. August 9, the day of the 1Q Report Short Sales pressure was running at about what it had been for 2.5 weeks; -105(Long Squeeze territory).

(Short Sale Ranks:0 is neutral and positive numbers are in Short Squeeze territory, negative numbers are in Long Squeeze territory.)

On Friday, after the 1Q, Volume jumped as PPS tumbled but Shorters took a relative small percentage(10.89%) of the Daily trades. However downward pressure jumped about 50%; from a steady -105 Short Sale Rank to -151, most likely aided by retail jumping out Friday.

This week Short Sales are a different story. Even as Shorters took a larger percentage of Daily trades Tuesday(51.27%), downward pressure (SS Rank) fell off 50% from Tuesday and 28% from the last 2.5 weeks at -72/-76.

Just a guess, but I am thinking that the major Institutional Shorters aren't earnestly trying to drive the PPS down much harder beyond what the PPS is right now.

Of course, a rotten market day might change that......

Last Week's Short Sales:

Day...Daily Vol.....Short Sale Vol...SS % of Daily Vol...SS Rank
Aug 06.....897,113......210,463...........23.46%............-105
Aug 07..3,471,910...1,317,243...........37.94%............-105
Aug 08..1,235,560......524,495...........42.45%............-105
Aug 09..2,140,818......708,611...........33.10%............-105
Aug 10..3,528,695......384,275...........10.89%............-151

This Week's Short Sales:

Day...Daily Vol.....Short Sale Vol...SS % of Daily Vol...SS Rank
Aug 13..1,510,440......322,479...........21.35%.............-72
Aug 14..1,664,421......853,349...........51.27%.............-76
http://shortsqueeze.com/