I wrote a deeper dive in the SLS forum, and I've attached the link.
[Sterg might have screwed over Anson royally. How SLS could squeeze in the next week. : r/sellaslifesciences](https://www.reddit.com/r/sellaslifesciences/comments/1tby52j/sterg_might_have_screwed_over_anson_royally_how/)
The TLDR is pretty straight forward. 57M shares short, 31% short interest, \~10 days to cover, and based on over night action, about 2M calls currently in the money. SLS announced that their regal trial is at 78 events (deaths), and the trial was derisked by an interim analysis in Dec of 24. At 80 events, the trial concludes, so short sellers will be forced derisk their positions.
There are a decent number of outstanding warrants that will mute any affect of a massive squeeze, but if the price action holds through Friday, there will likely be fireworks next week.