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Technology Stocks : CMGI What is the latest news on this stock?
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To: Scarecrow who wrote (7882)5/4/1999 10:05:00 AM
From: Hands Off  Read Replies (1) of 19700
 
Hi Scarecrow, For Days to Cover, I agree with your formula but
the calculation for, say, April is then:

Days to cover = shares short / average daily volume

For April,

ADV = 4959279
Short = 3760794
Days to Cover = 3760794/4959279 = .758

But I make lots of mistakes so someone check this

Marshall
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