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S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.20
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,659.68
(
0.58%
)
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medchal

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medchal

Re: plastipunk post# 400

Thursday, 12/21/2006 12:37:31 PM

Thursday, December 21, 2006 12:37:31 PM

Post# of 3653
No, it means that the average daily volume must be around 288,000 shares. It would take 1.51 days of average daily volume to purchase all the shares necessary to cover all short positions. It's just a measure of how deeply the stock is shorted.
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