The updated short number as of Aug 31, 2015 is 71,900 which is down from the Aug. 15 number of 95,800 for a drop of 23,900 or almost 25%....not bad.

This is the lowest we've seen since the end of February when the number was just 4,000

Not that I needed it, but this drop strengthens my bullish view. Players with the willingness and ability to short a stock like RVX fall into my definition of "smart money" players. The fact that short players were covering over the second half of August when we had that flash drop to $1.00 (albeit very briefly) tells me the bottom was dialed in and lends further evidence in my opinion to the cup and handle breakout pattern the 3 year chart shows.

It also might explain why it took 3 partial fills to complete my 500 share buy order on Thursday....because the shares are not available and the "smart money" players are buying/covering because they know we're heading higher.