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Biotech / Medical : ATIS is on the move!
ATIS 0.1000-47.4%Apr 14 5:00 PM EST

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To: Marshall Teitelbaum who wrote (1306)1/23/1998 11:34:00 PM
From: Rick Strange  Read Replies (2) of 2205
 
The January short interest on ATIS was 4,113,246, up about 10% from the prior month. The report list the average daily trading at 284,333. Thus 14-1/2 times the average daily volumn to cover. I'm sure that many of the out of the money calls were purchased as a hedge against these positions.
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