h48, I am surprised at the resurgence of the short interest as well. Maybe teecee or somebody can explain it better, but if there ever was such a thing as a short squeeze one would think that a leak of a bid around a buck twenty would start one helluva short squeeze in IDCC.
I believe many of the the shorts are somehow hedged with options, but I can't explain the mechanism of such. Also, I wouldn't doubt that many of them are covered shorts purpetrated by some of our institutional "friends"... like I said maybe somebody else can explain it better.