Replies to post #287062 on Avid Bioservices Inc (CDMO)

[stoneroad]

As much as I'd like to see it, don't think it happens here as true short interest is negligible. But I do think we see a move that resembles a short squeeze.

[Protector]

TampaTradr, there are almost no shorts to squeeze. Currently PPHM has volumes about 5Mil share per day (incl. days with 11Mil, 7Mil, 27Mil, etc).

We only have about 1mil short interest, so if they would ALL close their position they would only be good for 20% of the day volume in the BEST case. We probably wouldn't even notice it.