Telkonet Inc (fka TKO)

[WinOneGipper]

You're probably right... short covering is a big influence in pushing volume and price up today. Short positions are down 14.56% from last month (~600,000 shares). We need to get through the 200 day MA of $3.10 to make this a real turnaround rally.

Here's the October update detail just released:


Shares Short 3,615,350
Days to Cover (Short Ratio) 18.3
Short % of Float 8.77 %
Shares Short - Prior 4,231,659
Short % Increase / Decrease -14.56 %
Squeeze Ranking™ -68
% from 52-Wk HIGH ( 5.23 ) -78.50 %
% from 52-Wk LOW ( 1.65 ) 43.69 %
% from 200-Day MA ( 3.10 ) -5.80 %
% from 50-Day MA ( 2.77 )
5.46 %
Price % Change (52-Wk) -42.10 %
Trading Volume - Today 459,700
Trading Volume - Average 197,725
Trading Volume Vs. Avg. 232.49 %
Total Shares - Float 41,210,000
Total Shares - Outstanding 50,849,942
% Held by Insiders 13.77 %
% Held by Institutions 14.00 %
Market Cap 148,990,333
EPS -0.44
PE Ratio
Sector: Technology
Industry: Information Technology Services
SI Record Date 2006-Oct
Data Provided Without Warranty

From: http://www.shortsqueeze.com/index.php?symbol=tko