I don't put a lot of stock (no pun intended really) in reports put out by Zacks.....but I do get the feeling that something is brewing, the increased trading of yesterday and the way we're trading today.....I do think we're going to be seeing a significant drop from the 200 odd thousand that were short up to Feb 15th.....call it a hunch but I'm sensing a degree of urgency. I've speculated before about those behind short selling, that they may have "an inside track"....If short interest does drop by a substantial number then I will take that as an indication that we may be seeing a big move to the upside in the not too distant.
Short update is Friday after the bell I believe.