Here's some interesting data on short interest ; 1 MMWW Metamor Worldwide Inc. Date shares short Daily vol Ratio 10/99 1,368,567 445,562 3.07 09/99 978,800 612,134 1.60 08/99 859,754 346,152 2.48 07/99 642,869 490,270 1.31 06/99 627,830 839,454 0.75 05/99 747,522 661,981 1.13 * Ratio = Shares Short / Avg Daily Volume; it may be used as a rough measure of days to cover. + monthly data as of settlement on the 15th of each month. viwes.com Looks like a bet on a 3rd/4th qtr earnings decline for MMWW placed before the announcment of Xpedior.
Here's some corresponding price volume info Date Open High Low Close Volume Adj. Close* 29-Oct-99 18.6875 19.50 18.4375 18.875 468,300 18.875 28-Oct-99 19.625 19.625 18.1875 18.625 591,300 18.625 27-Oct-99 19.8125 20.1875 18.625 19.50 1,692,000 19.50 26-Oct-99 20.625 21.25 20.25 20.375 715,600 20.375 25-Oct-99 21.875 22.125 20.6875 20.9375 1,083,300 20.9375 22-Oct-99 20 21.8125 19.9375 21.5625 1,063,400 21.5625 21-Oct-99 19 20.125 18.50 19.625 893,500 19.625 20-Oct-99 18.375 19.50 18.25 19.1875 1,133,900 19.1875 19-Oct-99 17.875 19.375 17.50 18 2,542,400 18 18-Oct-99 16.5625 16.875 15.875 16.0625 175,500 16.0625 15-Oct-99 16.875 17 16.25 16.625 281,900 16.625 14-Oct-99 17.375 17.50 16.4375 17.375 209,000 17.375 13-Oct-99 18.0625 18.0625 17.25 17.375 127,800 17.375 12-Oct-99 18.50 18.50 17.75 18 156,700 18 11-Oct-99 18 18.4375 17.50 18.25 279,700 18.25 8-Oct-99 16.5625 18.50 16.5625 17.875 474,600 17.875 7-Oct-99 16.50 16.8125 15.6875 16.8125 340,600 16.8125 6-Oct-99 16.7812 16.8125 15.75 16.4375 409,900 16.4375 5-Oct-99 17.50 17.50 16.25 16.625 570,700 16.625 4-Oct-99 17.5625 17.75 17.25 17.375 187,100 17.375 1-Oct-99 17.875 17.875 17.375 17.4375 104,800 17.4375 15-Sep-99 15.75 16.125 15.625 16.125 781,600 16.125 13-Aug-99 18.625 19.0625 18.625 18.875 270,400 18.875 chart.yahoo.com |