Converted Organics Inc. (COIN) a manufacturer of organic biostimulants, a natural fertilizing product used in organic farming, scored a new FusionIQ Short Squeeze signal yesterday. With 19.87 % of its float short and shares trading up on over two times its average daily trading volume it appears the shorts betting on a price decline are now running in to buy back shares as they advance. The point and figure future projected price target for COIN shares is $ 17.00.