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Non-Tech : Radica Games (RADA)

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To: Gurupup who wrote (2231)1/28/1998 10:52:00 AM
From: Zirdu  Read Replies (1) of 7111
 
Skipard, thanks for the explanation to the effect that short interest figures that are "as of 1/15", for example, do not include the trades done on 1/13, 1/14 or 1/15. From the 3 day settlement rule, I assume. Makes sense. But I had assumed (wrongly, apparantly), that when they gave the figures "as of the 15th" of the month, that they had already taken the 3 day settlement rule into account. (so they would have to wait for the close of trading on the 18th, at the earliest to know the figures as of the 15th.)

Glad to know finally how it works.

RR
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