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Strategies & Market Trends : Picks of the quarter
ATHR 5.840-3.9%Dec 26 9:30 AM EST
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To: Elroy who wrote (3625)6/25/2007 10:39:14 AM
From: Sr K  Read Replies (1) of 20435
 
The cover of a short position is not 1% of the dwindled cash in that short position, but 1% cost on the stock price to close times the shares.

It seems to be 1% of 504.77 or 5.0477 times the actual shares short, which you show as .108. This would reduce the position by $.545. But you have the shares to more decimal places than 3, and can do this precisely.

GOOG hit ATH of 531.90 this morning.
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