Replies to post #266526 on Anavex Life Sciences Corp (AVXL)

[RedShoulder]

What is interesting Xena is that it will take 15.39 business days to cover at the rate of buying 393,143 shares each day.

If the PDD results are good hitting the primary (PDD) and secondary (PD) end points, there will be a big rush to squeeze through a small exit door, competing with retail buyers and institutional buyers. Should be quite a show.

Even though this latest report shows they are starting to cover, they are still short an amazing 10 percent of the outstanding shares.

Looking bullish for next month.

[boi568]

The most recent change in short interest describes the largest percentage reduction in the more recent (2018-2020) data set.