ViWes InvestInfo: Short Interest on NASDAQ Stocks
Item Ticker Company Name Month Shares Short Avg Daily Volume S/A* Remark 1 GEMS ÿ GLENAYRE TECHS 01/98 1,294,001 692,603 1.87 ÿ 12/97 1,643,374 625,198 2.63 ÿ 11/97 1,608,461 821,928 1.96 ÿ 10/97 1,651,046 977,319 1.69 ÿ * S/A = Shares Short / Avg Daily Volume; it may be used as a rough measure of days to cover.
Nice for us longs to see almost 400,000 short shares covered this last month. After a longggg wait and a decent market, 20 looks not to far away. Does any Gems fan have an idea how they are doing, finding a buyer for their mobil business. When thats done it should fatten up the coffers. I'm predicting gems to be my better choice for 98. Loaded up @9 15/16 the last few days of 97. |
