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Re: Chicago-Paul post# 42079

Friday, 02/08/2019 4:28:48 PM

Friday, February 08, 2019 4:28:48 PM

Post# of 70419

"Actually, when talking about Shorted Shares, the "Days to Cover" is a better indicator."



Not what the discussion was about-two different subjects.

Better indicator for what? Days to cover is relationship between the number of shares in a given equity that has been legally short-sold and the number of days of typical trading that it would require to 'cover' all legal short positions outstanding.

My reference
to a better gauge was the pct. of shares to the O/S. indicates what company was shorted more which what the subject was. Since there is different amount of O/S for a company, the company with the higher % shorted to it's O/S, is shorted more.
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