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  • Writer's pictureShelly Albaum

Short Interest Price Chart -- May 31

For the third consecutive reporting period, CDXC price and short interest and have both increased significantly, paradoxically:

April 28: Price increased to $3.11; short interest rose to 1.9M shares

May 15: Price increased to $3.18, short interest rose to 2.5M shares

May 31: Price increased to $3.28, short interest rose to 2.8M shares

AND since May 31, of course, price has risen above $3.50 -- we can only hope that the shorts keep digging, because it is going to be one heck of a squeeze when it happens.

Presumably the shorts think they know something that we don't. But if they are trying to manipulate the price downward, that is consistently not working. Time will tell.

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