Hi JB, I thought JBL steadied out nicely this week. Maybe
the pendulum has travelled as far as it's going to this
trip.
<OT>
Regarding ACTM short interest:
DATE SHARES SHORT AVE. DAILY VOL. RATIO
09/01 6,374,976 262,723 24.27
08/01 6,559,222 480,495 13.65
07/01 6,618,873 542,243 12.21
06/01 6,270,981 368,314 17.03
05/01 6,353,908 407,387 15.60
04/01 6,387,250 481,620 13.26
03/01 6,689,735 538,635 12.42
02/01 6,576,489 637,540 10.32
01/01 6,536,235 1,329,471 4.92
* Ratio = Shares Short / Avg Daily Volume; it may be used
as a rough measure of days to cover.
ACTM's top 20 ranking(s) for the past three months:
07/01: 10th on ratio of short position to average daily volume
Alert(s) on ACTM from Monthly Watch for the past three months:
09/01: average daily volume at 12-month low
09/01: days-to-cover at 12-month high
It looks like the SHORTS have been there all year and have
been stubborn about covering their positions so far. Maybe
it's greed. With trade volume way down (along with many
other stocks) I'd guess the shorts are getting a bit
nervous.
Hope this helps,
Tom
PS: I don't have a similar source of info on-line for NYSE
stocks unfortunately. Otherwise I'd list JBL's for the same
period. |
