Herm, couple more questions reguarding your reply.
Based on the chart you put out, how can short interest be increasing?
It tells me that shares short has decreased over the last 6 months.
Also, should I assume ADV shown is for long shares not short.
Lastly, what does the ratio* tell me? How do I interperate it?
Thanks again for your help, and lets hope we gap up Monday AM!
Mike
Month Shares Short Avg Daily Volume Ratio* Remark
07/98 3,953,197 398,554 9.92 days
06/98 4,677,120 594,909 7.86
05/98 5,017,706 984,677 5.10
04/98 5,175,714 499,038 10.37
03/98 5,425,507 455,593 11.91
02/98 6,051,445 893,307 6.77 |
