I take back my short covering suspicion. There were only 213K shares short as of September 15th... The outstanding short position (on report date anyway) has been declining all year long...
Month Shares Short Avg Daily Volume Ratio* 09/98 213,047 179,627 08/98 335,772 151,906 2.21 07/98 315,415 152,449 2.07 06/98 310,723 235,908 1.32 05/98 427,808 305,850 1.40 04/98 772,056 261,292 2.95 03/98 882,961 198,905 4.44 02/98 995,482 603,119 1.65 01/98 1,111,893 452,320 2.46 12/97 1,157,897 377,678 3.07 11/97 1,237,451 536,404 2.31 10/97 1,557,997 705,128 2.21 09/97 1,689,135 675,496 2.50
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