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To: elepet who wrote (1832)9/1/1998 9:57:00 PM
From: Greg Adams  Read Replies (1) | Respond to of 2843
 
It is a calculation that takes shares short and divides by average volume which gives the number of days it could take based on the past average daily volume to cover the entire short position. 1,846,000/526,000 = 3.5 days based on number of shares short and average volume per day it would 3.5 days to cover. Hope this helps.....

Been long and buying since 11/94.



To: elepet who wrote (1832)9/1/1998 10:09:00 PM
From: jeff lipschutz  Respond to of 2843
 
THE ratio is the short shares divided by the average daily volume, which tells you how many days it would take to cover the entire short position...