it makes you wonder what they are looking for price wise

When that short data was pulished, the SP was .285. Since then Largo has traded 7M shares. I'd say the price they were looking for to cover was something in the neighbourhood of where we've been for the last few days....115 I never woulda thought.

Shorting at .285 makes no sense either unless you know of another fund with 7M shares to unload into the bid regardless of price. I believe the fund doing the shorting had that knowledge.

I've seen plenty of covering recently so unfortunately, when the positive news comes, the short likely wont get hurt too bad because their position has shrunk and the damn selller will still probably have more to unload when the news comes giving him an out. Would love to see otherwise tho.