AI
Saturday, August 11, 2018 8:02:37 PM
BGFT - The longer the buyback process takes
as referenced by the days to cover metric,
the longer the price rally continues
based solely on the need of short sellers
to close their positions.
For example,
if a company has average daily volume of 1 million shares
and 2 million shares are currently short sold,
the shares have a cover rate of two days.
https://www.investopedia.com/terms/d/daystocover.asp
The Short Selling Process: Days to Cover
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142849045
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BGFT - Short Report Shows Shorts are Covering!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142847331
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