Lighting Science Group Corporation (OTC:LSCG) has been falling down sharply since Monday last week.
Over this period the stock went down from $2.70 to $1.90 per share, which is an overall decline of 30% and a new 52-week low for LSCG stock.
On the last session alone, LSCG dropped down 11.21% on a volume of 110 thousand shares, making it the worst session for the stock in the last two weeks.
FINRA showed that 10 thousand shares were exchanged in short transactions yesterday. In this regard, the short volume generated in the last session represented 9% of the whole volume.
The low short volume is not surprising at this stage when LSCG has already dropped down significantly, which must have made short sellers act more cautiously at the 52-week low.
