you would be correct if the shorts were accumulating the shorts and in the longer term a large % of outstanding shares were short, but that is not the case here. Longer term short interest in ithuf is very low...it is the daily % shorted that is extremely high, but the shorts cover in typically less than 3 days...they don't accumulate, keeping short interest low, meaning no appreciable short squeeze impact. Market fundamentals will turn this stock and if the fundamentals are positive, the LSOS will stop shorting.
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