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Atom0aks

08/29/19 12:36 PM

#211756 RE: AnotherInvestor #211752

I hate to say the obvious....Because there was no news to cause that price movement, and it bounced right back



Oh. In that case, you might have missed the news but Monday was dissemination day and the drop on Tuesday was assumed to be the market reacting to a massive 15M increase in short interest.

Nasdaq Short Interest Publication Schedule:
https://www.nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch

Amarin Corporation plc Short Interest:
https://www.nasdaq.com/symbol/amrn/short-interest

Edit: Since then, several estimates currently indicate short interest to be near 55M.

Edit 2: Just in case you weren't familiar with short interest -- https://www.investopedia.com/articles/01/082201.asp