Today's Shorters:
The past 2 weeks showed shorters were taking a relatively smaller percentage of daily short sale volume.
Today continued that trend. Shorters are taking less of the daily vol. and weakening their downward price pressure, imo.
Daily volume went up 41.99% from Friday.
The Daily Short Sales vol. went up only 23.51% from Friday.
Today, Shorters took a weak 21.57% of Daily volume just as it has in the last 2 weeks.
Date....Daily Volume...Daily Short Sale Vol...SS % of Daily Vol.
15-Sept......2,351,593............597,305..........25.40%
16-Sept......2,078,448............766,116..........36.86%
17-Sept......2,331,336............597,288..........25.62%
18- Sept.....2,342,289............458,620..........19.58%
19-Sept......4,074,484..........1,203,195..........29.54%
Weekly......13,178,150..........3,622,524..........27.40%
22-Sept......3,419,321..........1,124,957..........32.90%
23-Sept......3,135,810............612,737..........19.54%
24-Sept......1,503,413............331,503..........22.05%
25-Sept......3,325,149............482,147..........14.50%
26-Sept......1,891,546............469,078..........24.27%
Weekly......13,275,239..........3,020,422........22.65%
29-Sept.......2.685,876............579,343..........21.57%
AI
