May. 8 at 3:38 PM
$ANVS Short interest in ANVS appears up substantially in the past few weeks, but the stock price is also up 30ish% since April 15. We are unaware of the financial backing behind the shorts, but we know they eventually cover. They are aware that substantial news in the next few months is unlikely, so they play, but their risk increases with time. Of course, without them or if they are squeezed, the stock price goes much higher. In companies I have great faith in, I enjoy taking full advantage of the actions of shorts as they keep prices low while I accumulate. Obviously in the market, dollars are made buying low and selling high, which is the same for the shorts but in reverse. Time tells who ultimately wins here in ANVS, but (IMO) I view the longs as heavily favored. ↗️
