pastorscott/E+ via Getty Images Arbor Realty's (NYSE:ABR) dual beats on its fiscal 2023 fourth-quarter earnings surprised the market to the upside. They reignited an almost predictable seesaw volatility that has come to define the trading of the common shares of the multifamily lender over the last 1 year. This seesaw volatility reflects an abnormal short interest of 63,900,000 shares, almost 30% of ABR's diluted weighted average shares outstanding. Despite its strong historical earnings outperformance, ...