BTGC with a float: 41,400,000 shares; Daily Volume: 446,400 shares/day; has a slow to moderate float turnover Rate: of 92.74 Days. So, 8 days worth of short interest is not going to be a rocket.
I have seen stocks 20 days worth of short interest and a TRO of 12 days. Now, that is a viper stocks with a whopper price zest.
Bio-Technology General Corp. shorted change total of short days 03/99 2,792,756 318,950 8.76 days to cover! 02/99 2,795,987 449,644 6.22 01/99 2,769,339 806,585 3.43 12/98 3,401,145 373,481 9.11 11/98 3,242,043 413,868 7.83 10/98 3,194,411 394,426 8.10 09/98 3,309,616 389,354 8.50 08/98 3,709,426 338,228 10.97 07/98 4,206,202 386,253 10.89 |