Aug. 17 at 11:39 PM
$AUTL Bidding was strong going into the last 15 minutes of trading today... good sign, I think? Short sellers have been quiet the last week with short share of volume at historical lows, 27.5% vs. 60%+ in the last few weeks leading up to earnings. Shares available to short appear to be plentiful and cheap, borrowing cost is at 1.6%. Shorts don't appear as confident as they were in July where they were building sell walls at
$1.40. Most are deep underwater if they haven't already covered.
Will be an interesting week.
