Short Interest

[Gator]

InterOil short interest rose by 384,914 shares to 11,817,669 in the two week period that ended July 31st. Shorts were not running to cover with the appointment of a new CEO.  Welcome to IOC, Dr. Hession.

[freddiekingman]

Thank you Gator...for your as always factual information on the shortnumber...

Seems like they won't give up...

[trans]

InterOil short interest rose by 384,914 shares to 11,817,669 in the two week period that ended July 31st. Shorts were not running to cover with the appointment of a new CEO.  Welcome to IOC, Dr. Hession.

Thx Gator,    The as of date of the short interest was 7/31.  That day say the stock peak at 87.39.  The next day ioc had a genuine short raid and the stoc k was knocked from 87 to 80.58 low, helped by planted bearish articles in the media.   I believe the runup into 7/31 high was heavily shorted, which may explain why the short interest was higher, when other indications were that it should be lower. fwiw

[Getitrt2]

I believe 7/31 is the settlement date for the short figures, which would actually represent shorting through 7/26. That would mean the stock went from the high sixties to the mid eighties while the short position increased by almost 400,000 shares, which would seem to me to be pretty negative for the shorts.