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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.

SNDK 226.97

+13.3%

Nov 24 3:59 PM EST

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To: Sam who wrote (3478)	1/26/2018 9:48:50 AM
From: Unwelcomeguest	Read Replies (1) of 4828

And then, there is this. Unexplainable. Western Digital Becomes #47 Most Shorted Nasdaq 100 Component, Replacing Idexx LaboratoriesBy Market News Video Staff, Thursday, January 25, 8:01 PM ET The most recent short interest data has been released for the 01/12/2018 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Nasdaq 100 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed. In our new rank based on the most recent short interest data, Western Digital Corp (NASDAQ: WDC) has taken over the position of #47 most shorted Nasdaq 100 component, from Idexx Laboratories, Inc. (NASDAQ: IDXX) which is now in the #61 spot. The "days to cover" at 01/12/2018 was 3.34 for WDC, and 2.91 for IDXX; this compares to the average across all Nasdaq 100 components of 3.91 (down from the average back on the 12/29/2017 settlement date of 4.88). The chart below shows the movement over time of the "days to cover" values of both WDC and IDXX, versus the average Nasdaq 100 component. Link: western-digital-becomes-47-most-shorted-nasdaq-100-component-replacing-idexx-WDC01252018dtcnas.htm UWG

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