David, the short numbers at the link are interesting. What you see is a steady climb in the shorting of the shares as the price hit the highs in the 20+ range. More shares were likely shorted during the IBM pop as well. But the average days to cover remain under or near 1 day until this month. With this month they go up to 3.45 days, which is not so much a reflection in a great number of shorts but that volume, even at the lower prices, is dropping consistantly. At the lower prices most everyone has already bought who will like to own the stock. Volume crested in 3.25 Million shares a day, the interest in the stock had been declining since. All of the long rumored deals have been put out, the deal with IBM over 2 weeks has had zero effect on the stock. XYBR has about 30 Million shares in float, which is a large number for a company with sales of under 4.18 million in sales and a 18 Million dollar loss. The current Market cap is 333 Million.
The amount of shares Short in relation to the total number of shares is quite modest considering. W Per-Share Data Book Value (mrq) $0.33 Earnings (ttm) -$0.72 Earnings (mrq) -$0.13 Sales (ttm) $0.15 Cash (mrq) $0.24
Valuation Ratios Price/Book (mrq) 27.19 Price/Earnings N/A Price/Sales (ttm) 58.59
Income Statements Sales (ttm) $4.18M EBITDA (ttm) -$15.2M Income available to common (ttm) -$18.8M
Profitability Profit Margin N/A Operating Margin N/A
See the crest in Volume?
short avgVol days to cover May 15, 2000 3,878,753 1,124,656 3.45 Apr. 14, 2000 3,420,809 2,694,826 1.27 Mar. 15, 2000 1,626,740 2,932,923 1.00 Feb. 15, 2000 918,855 3,257,269 1.00 Jan. 14, 2000 311,424 1,490,605 1.00 Dec. 15, 1999 251,453 1,247,365 1.00 Nov. 15, 1999 259,431 1,797,356 1.00 Oct. 15, 1999 284,264 596,036 1.00 Sep. 15, 1999 173,951 253,830 1.00 Aug. 13, 1999 152,558 182,112 1.00 Jul. 15, 1999 136,220 247,751 1.00 Jun. 15, 1999 119,293 171,148 1.00
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