SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SYQUEST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MoonBrother who wrote (5715)3/1/1998 1:08:00 PM
From: Dale Stempson   of 7685
 
Re; >>>Well, read the "* S/A" note. It cleared showed that the average days a short position is covered was about 4.71 days (half of Jan.), which means almost all shorts in Feb were established in late Feb.<<<

MoonBrother, Please read the "* S/A" note again and you'll find that they included the formula for computing the number. (* S/A = Shares Short / Avg Daily Volume.) It has nothing to do with when short positions are established or covered.

BTW, Short interest has been relatively flat for the last 3 months, but increased 2-1/2 times during the Oct-Nov-Dec quarter after reaching a high of around $6 in October. It would appear that the majority of current shorts are in the $3 to $6 range (which is the approximate trading range for SYQT during last quarter).

Regards - Dale
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News