Aug. 4 at 1:47 PM
$AEHR A separate point I occasionally make - as of now ~230k shares of AEHR have traded and it is up ~9%. With 6.556m shares short that amounts to ~3.5% of the shares that are short having traded today - even if you assume every share traded has been a short covering it is nothing
On top of that there are ~900k shares underlying the 17.5Cs so on the downside that helped blow it straight through 17.5, but obviously it has reversed
While there is an incredible fundamental story, this is also a highly shorted (over 22% SI, I think more like 50% of the float) momentum stock which can add real juice
