SRGE is only shorted to provide liquidity in the market. Market Makers short and immediately cover with SRGE. That is why there are no NET shorts on the SHO report.
The Daily Gross Short report does not show covers. lolol jmo
Good point olandug! large percentage of shares sold are shorted as can be seen on FINRA list! SRGE will go up when WSIN and APS come in strong! shorters will have no choice but to cover http://regsho.finra.org/regsho-Index.html