That assumes Cyrus converts all of its debt at $3.00 per share. Sorry but that's debt. Also assumes exercise of a bunch of warrants that are way out of the money.
And this rubbish website doesn't even change the denominator to account for extra shares on conversion.
The overall point is that "institutions" aren't buying like many have implied lately.
This is a broken debt-laden penny stock on the verge of potential delisting or worse.