It was mentioned on CNBC several times before market close. CEO will be interviewed at 9:10 by Joe and the gang.
I need some help with Short Interest. Can someone assist. Just want to see if there's potential for a squeeze. Hoping so at least....
Got the following from ViWes InvestInfo:
viwes.com
Month....Shares Short...Avg Daily Vol....Ratio*
6/98.......1,108,292.......216,512..............5.12
5/98.......1,160,787.......494,692..............2.35
4/98.......1,101,574.......454,926..............2.42
3/98.........928,708.......794,354...............1.17
Ratio=Shares Short/Avg Daily Volume; it may used as a rough measure of days to cover.
What's the deal with the shorts ? Is it large enough for a squeeze ? Per the Yahoo profile, the float is approx 12.7 million. With over 12 million shares traded today, could we see a short squeeze ??
Thanks. |
