Endexx Corp (EDXC)

[jyjreyes]

You are correct, that short data tells us very little. Most stocks have some short activity, especially thinly traded stocks. Market makers routinely have to borrow shares to make sure they are able to fulfill stock orders and sometimes because of this they are forced to go short. On rare occasions when there is a lot of demand for a thinly traded stock, market makers can get stuck in short positions they were forced to take to fulfill orders thus creating even higher demand for shares driving the price even higher. However, based on volume on this stock the market makers are safe and the short data you see being reported is most likely market makers temporarily borrowing shares to provide liquidity for edxc orders.