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Re: BWIS post# 255476

Thursday, 12/12/2019 2:51:35 PM

Thursday, December 12, 2019 2:51:35 PM

Post# of 708878
Let's use up-to-date numbers from FINRA.

11/29/2019
NORTHWEST BIOTHERAPEUTICS INC
NWBO
Other OTC
7,259,383
7,541,413
-282,030
-3.74
1,399,996
5.19

7.2m shares short, a slight drop from two weeks previous

1.4m shares average volume. This is typically measured over 65 days (one trading quarter) to smooth out spikes related to news, EPS, etc.

7.2m / 1.4m = 5.19 days to cover. In other words, if someone bought 100% of the shares on a typical day, it would take 5.1 days of that 100% volume to close out all shorts.

While buying 100% of volume is not realistic, it is likely that news that would encourage short covering is also accompanied by increased trading volume. It is also likely that some (most?) of the nwbo shorts are hedged by warrants.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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