Why would the short interest on 6/15/2012 be at 7,193,328 shares (the same day as June option expiration) yet on the next trading day InterDigital would announce a $375 million patent sale to Intel and increase their stock buyback an additional $100 million (on the already existing $100 million share buyback)?
You would think that they all would have covered because I thought shorts were supposed to know?!
http://www.nasdaq.com/symbol/idcc/short-interest