Friday, August 25, 2006 11:39:49 AM
Also, if the records aren't cumulitave it defeats the purpose of reporting the short interest, what purpose would this report serve? According to your reasoning you would have to go back every month and sum the total number of shorts. Well, how would you be able to tell who covered from the prior months and who didn't.
An educated guess/common sense would suggest this is cumulative. The facts, techonology and method used for tracking, would suggest it's cumulative. Therfore, the totals are cumulative. the short interst actually went down by 80% from the prior month.
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