Short Interest Up Again

[spiro]

2/14/2014   58,118,039 
1/31/2014   57,387,598 
1/15/2014   51,450,894 
12/31/2013 47,463,406 
12/13/2013 46,192,326 
11/15/2013 45,451,079 
10/31/2013 46,576,543 
10/15/2013 53,242,447 
9/30/2013   51,276,337 

[mrhaigs]

I don't know whether to be happy about the massive size of the hopeful short squeeze or staggered by those numbers. I'm going to need heart medication during te adcom. That's for certain.

[harshal1981]

Any veteran MNKD investor can tell me what was the short interest a month or so before 2 previous PDUFA dates?

[babaoriley]

As the stock rises in price, some shorts will add, so as to make a little extra money; it's a longer way down.

[mnkdfan]

It was explained to me in an earlier thread that the short interest could very well be a hedge strategy couple with buying call options. The theory made sense especially given the recent record amount of call option activities (see below link). I hope I am right and thus when the shorts go to cover this hedge (like TSLA), we should see a very healthy jump in PPS.

"NEW YORK (AVAFIN) -- Trading of MannKind options resulted in establishing a new 90-day call volume record, where 12,127 call contracts exchanged hands between the buyers and the sellers. A total of 9,096 put and 12,127 call contracts was traded raising a 0.75 put/call ratio on shares of MNKD
Options are useful tools for predicting the movement of the underlying stock. Put/Call ratio statistics serve as a useful predictor of investment sentiment, indicating what experienced investors are doing in preparation for a move of an underlying stock. Thus, unusual volume provides reliable clues that the stock is expected to make a move."


www.avafin.com/articles/1030259.html