SEEL - Float 15 million. Market cap 56 million. Short interest 4%. Volume 949K. Company announcement after hours SEC form filing form 13G (https://www.otcmarkets.com/filing/html?id=13360615&guid=5gb3UF8sfHyMJMh). This form is used to report a party's ownership of stock which exceeds 5% of a company's total stock issue. These and other SEC forms provide information from individuals who hold significant portions in a publicly traded company and allows investors and other interested parties make informed decisions. This is perceived as positive news. Owners of large stakes of company stock may try to exert control over the company's decisions. In this case, Ligand Pharmaceuticals owns 9.99%. Volume increased significantly after hours on this news. Will watch closely for positive market reaction.