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To: iandiareii who wrote (26388)7/24/1998 10:25:00 AM
From: Rudy  Respond to of 95453
 
Thank you Iandiareii. eom.



To: iandiareii who wrote (26388)7/24/1998 11:08:00 AM
From: SJS  Read Replies (2) | Respond to of 95453
 
So correct me if I am wrong on your table...

The larger the DAYS TO COVER, the more continuous upside potential there is from short sellers buying back IF the they all decide to try to buy their short stock back.

So for a stock like NBR, a reversal in our recent slide could permit a "rush" of shorts to buy the heck out of the stock, and continue to generate upside via these buys for the "DAYS TO COVER" number of days.

So for a stock like RON, there is very little short stock, and the reversal would NOT be helped too much by short sellers buying back. The longs would have to do it all by themselves...

Right?

Thanks for the table...



To: iandiareii who wrote (26388)8/21/1998 5:52:00 AM
From: iandiareii  Respond to of 95453
 
OSX: AUGUST SHORT INTEREST (NYSE; AMEX)

Here's this month's snapshot of OSX short interest, followed by a few thread familiars. I used WSJ's volume to calculate days-to-cover ratios. NASDAQ figures not due until August 26, so GLBL N/A.

Entries read, left-to-right: trading symbol, # shares reported open August 20, % change open shares from July 21, # days' volume to cover. Bold figures indicate month/month percent gain. (Source: WSJ)

TICKER.......TOTAL........CHANGE......DAYS-TO-COVER

BHI ......... 14,314,188 ............ 4.3 ............ 5.3
DI ........... 3,425,223 ............ -16.7 ........... 3.5
FLC ......... 4,217,282 ............ 35.1 ............ 2.8
GLBL ......... N/A .................. N/A ............ N/A
GLM .......... 3,922,062 .......... -7.6 ........... 1.9
HAL ......... 18,234,835 .......... -11.4 .......... 7.3
NBR .......... 9,886,700 ........... 18.6 ............. 11.0
NE ........... 1,294,557 ............. -32.1 ........... 1.2
RDC .......... 2,053,463 ............. 48.9 ........... 1.7
RIG .......... 2,053,463 ............. 12.1 ........... 1.3
RON ........... 672,000 .............. -17.9 .......... 0.7
SII ............ 1,560,530 .............. 121.8 .......... 2.0
SLB .......... 23,807,329 ............. 21.6 .......... 6.9
TDW .......... 4,078,138 ............. 12.0 .......... 7.1
VRC .......... 1,384,420 ............. 31.5 .......... 1.7

---------

ATW ............ 80,220 .............. -40.2 .......... 1.4
CDG ............ 461,382 .............. 255.6 .......... 1.0
DO ............ 7,677,502 ............. -12.1 ........... 6.3
ESV ........... 4,078,927 ............. -8.8 ........... 2.5
EVI ........... 1,993,629 .............. -3.7 .......... 1.8
PDE ........... 3,533,852 ............. 18.6 ........... 5.0
PDS ........... 1,454,879 .............. 0.5 .......... 10.5
PKD ........... 2,617,914 ............ -16.6 ........... 4.1
UTI ............ 335,311 .............. 127.9 .......... 2.1

As the data are so stale by the time they are released, I've given up reporting NASDAQ short interest. This change was instituted last month and was accompanied by an utter lack of 1) hue and 2) cry. But, for those who hanker, the following site provides both current and historical short interest figures for NASDAQ stocks:

viwes.com

ian