Harold, I'm not aware of any short interest at all in PLMD. I have not been able to short it through Datek (I've tried twice, although, after today's story, I probably won't try again).
Today was a great day for you longs; congratulations.
My take on today differs from what has been said here, however. The stock rose today, for the second time in a week, on explosive volume likely to have come from short-term traders. The stock rose today, not on any fundamental news, but from buy-out rumors.
Holding on now, hoping for big gains from a buyout or new interest from institutions, IMO is speculation at this point. The market has given you longs a great gift today, and a chance within the next few trading days of exiting into strength and volume, maybe as high as ten bucks a share. But today didn't indicate to me that anything about PLMD has gotten fundamentally better. The company got great publicity today, but publicity, like broker recommendations, is essentially advertising.
I maintain for the same reasons I stated in earlier posts that the future of Polymedica is dim as a stand-alone company, and that Lee and the board would be wise to let themselves be acquired (although CHMD seems like a poor match).
Again, congratulations for the big raise today. I would recommend that you investigate the likelihood of the company being bought out. Of course they have some products of value; it's whether or not the whole Liberty entity is desirable to somebody that is at issue. If you think a take-over is likely, then holding makes sense, as an well-reasoned speculation. If not, dumping your shares into the laps of unsuspecting daytraders would be the smart and entertaining alternative. Good luck.
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