May. 12 at 12:50 AM
$OCUL, short interest on 4/30 came in about a quarter of a million shares higher than on 4/15. The days to cover based on average shares traded in the period is the highest it has been in a year. Since the 1/30 numbers, which were the last numbers prior to topline data being released, and the 4/30 numbers, short interest has increased from 11.5 million shares to 24.7 million shares and days to cover increased from 2.2 days to 8.5 days, while price has increased from 9.14 to 9.28 and institutions have added.
