The following message was updated on 1/11/2019 12:59:57 PM.
Latest Bi-Weekly MNKD Short Interest Down 4.2% (1.73 M Shares) Between 12-14 and 12-31-18
MNKD's short interest dropped from 41.172 M shares to 39.445 M shares between the above dates (per nasdaq.com). During the same period, MNKD's share price dropped from $1.68 on 12-14-18 to $1.06 on 12-31-18. So, MNKD's shorts did not net cover many shorted shares following the proposed share/warrant offering on 12-20-18, which actually took place a short time later, at $1.50. The new warrants have to be exercised within a year, at $1.60 per share.
So, MNKD's shorted share position remained quite high on 12-31-18, before Mike C.'s