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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (5837)11/25/1998 8:19:00 AM
From: Ron   of 12617
 
I would appreciate a quick overview of what short interest means. For example..I saw a report on WCAP that shows:

Shares: 5,219
Previous 5,132
Change 87
% Change 2
Avg Volume 32000
days to cover 0.2
I think the share information is fairly self-evident..but what about the days to cover info..is that a good indicator..and if so, how so?
This info was listed for October, by the way. Thanks.
Ron
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