Paul, Any Comment on Why Short Interest is Rising?
From ViWes Site
Shares Short Ave Vol Short Interest Ratio
02/00 14,141,409 2,679,432 5.28
01/00 10,553,998 1,925,942 5.48
12/99 6,238,100 1,345,071 4.64 S
11/99 828,032 1,936,560 0.43
10/99 710,914 1,412,844 0.50
09/99 537,142 2,048,122 0.26
* Ratio = Shares Short / Avg Daily Volume;
it may be used as a rough measure of days to cover.
Don't mean to rain on anybody's parade here,
including my own, but total increase from Jan
to Feb in shares shorted placed Flex 13th on
list of Nasdaq companies with biggest numerical
increase in shares shorted. No 1 was Exodus.
Comments welcome.
Good luck to all.
Peter |
