Post by vdhingra on Sept 25, 2013 14:56:44 GMT -5
Think this has been covered a couple of time here before. But it still puzzles me: the fundamentals have improved over the last year, yet the short interest has gone from 29MM to 49MM Sept'12 to Sept'13. The only plausible explanation I have is: some of the longs are locking in profits, and doing that via a corresponding short (allows them to book additional profit if there's a downside below their initially carry). Baffling otherwise. Any additional insights are welcome.
Date Short Interest
9/13/2013 49,543,501
8/30/2013 48,307,000
8/15/2013 48,726,782
7/31/2013 47,163,928
7/15/2013 46,090,476
6/28/2013 42,943,327
6/14/2013 45,623,460
5/31/2013 45,980,195
5/15/2013 47,335,954
4/30/2013 45,719,825
4/15/2013 47,729,178
3/28/2013 41,676,595
3/15/2013 40,096,925
2/28/2013 32,125,206
2/15/2013 32,297,268
1/31/2013 31,429,971
1/15/2013 28,395,246
12/31/2012 24,743,806
12/14/2012 24,557,659
11/30/2012 25,022,749
11/15/2012 25,506,609
10/31/2012 27,110,948
10/15/2012 30,471,379
9/28/2012 29,515,473
9/14/2012 29,904,456
Read more: www.nasdaq.com/symbol/mnkd/short-interest#ixzz2fw4Ketrm
Date Short Interest
9/13/2013 49,543,501
8/30/2013 48,307,000
8/15/2013 48,726,782
7/31/2013 47,163,928
7/15/2013 46,090,476
6/28/2013 42,943,327
6/14/2013 45,623,460
5/31/2013 45,980,195
5/15/2013 47,335,954
4/30/2013 45,719,825
4/15/2013 47,729,178
3/28/2013 41,676,595
3/15/2013 40,096,925
2/28/2013 32,125,206
2/15/2013 32,297,268
1/31/2013 31,429,971
1/15/2013 28,395,246
12/31/2012 24,743,806
12/14/2012 24,557,659
11/30/2012 25,022,749
11/15/2012 25,506,609
10/31/2012 27,110,948
10/15/2012 30,471,379
9/28/2012 29,515,473
9/14/2012 29,904,456
Read more: www.nasdaq.com/symbol/mnkd/short-interest#ixzz2fw4Ketrm