Feb. 27 at 1:15 PM
$OM Short interest of about 2.22 mn shares is roughly the same from the end of January. There does not seem to be any additional appetite to short more (and this is confirmed by the low short ratios in the last few sessions). But also, there has not been an ability to cover the shorted positions despite bringing the price down to the
$3S. Again, I still think the shorts are stuck. The only way to cover is by driving the SP up, and if a catalyst happens, the squeeze is on.
