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Biotech / Medical : Oncothyreon -- Ignore unavailable to you. Want to Upgrade?


To: KLH who wrote (898)6/3/1999 4:28:00 PM
From: Michael Brody  Read Replies (1) | Respond to of 2344
 
klh,
Nice pop at the end of the day. Up over 14 %. Any news ???



To: KLH who wrote (898)6/3/1999 10:32:00 PM
From: Jibacoa  Respond to of 2344
 
KLH: The average daily volume for BIOM on the NASDAQ is 320,400 (that doesn't include BRA's volume on TSE and Montreal.)

Based on a daily average volume of 320,400 a short interest of 26,919 would need 0.084 days to cover.

On a low volume like today's 131,000 a short interest of 26,919 would require 0.2 days to cover.

As you say the short volume remains negligible, heck if the volume remains at this low levels and I keep buying it on dips, pretty soon I would need more than one trading day to cover my long shares!!

Good luck to all.

Bernard