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Highly Shorted Stock Has Unusual Activity

Ebix

The one minute chart gives clues to this stocks direction.

December 4, 2012

1:14 PM

234,491 shares traded

December 12, 2012

10.46 AM

200,000 shares traded

11:55 AM

200,000+ shares traded

December 18, 2012

10:57 AM

279,746 shares traded

These four minutes total to 914,237 shares traded.

Ebix average volume in one minute of trading is 1,160 shares.

I am long Ebix

Disclosure: I am long EBIX.