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Non-Tech : West Marine WMAR
WMAR 12.970.0%Sep 15 5:00 PM EST

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To: Gottfried who wrote (130)3/30/1999 2:45:00 AM
From: Dale Stempson  Read Replies (1) of 400
 
Gottfried, While the short ratio appears historically high, it is the result of average daily volume dropping significantly. In fact, actual short interest is at a 12 month low. It has been decreasing consistently for the past seven months.

March-99 shares short were 633,833 with a ratio of 13.12 days based on average volume of 48,299.

In August-98, shares short were almost 3 times that of today at 1,804,122 with a ratio of 11.38 days based on average volume of 158,497.

BTW, Here's a (free with no registration) link I like to use for NASDAQ short interest info:

viwes.com

Regards - Dale
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