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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Bruce McGaughey who wrote (29516)12/27/1997 12:07:00 PM
From: Larry Brubaker  Read Replies (1) of 35569
 
Short Interest as of December 15

Short interest on December 15 was 508,202 shares, a reduction of 40% from the 845,352 shares of November 15 (the Saturday after Black Friday).

I'm kind of surprised there was not a larger reduction in the short interest. Guess the shorts did not see a big hurry to cover and have decided to ease their way out slowly in order to not encourage a price rise by covering too fast.
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