7.7% represents the ratio of the shares shorted that month to the shares traded that month. All numbers are significantly different so that the actual percentage should really be variable - not consistently 7.7%.
So what you are saying is that the ratio between the number of shares traded and the number of shares shorted is identical through time. This is not possible. There is something wrong with this report from where I stand.
If the number of shares shorted changed, then number of shares traded must change EXACTLY in the same ratio, which is unrealistic and not possible over the three years stated.
Let's try this, for the sake of example. 10,000 shares short in November 05 and there are 100,000 shares traded that month (10% short) then the next month those 10,000 shares are still short and the next month, even though the volume either increased or decreased to, say, 150,000 shares traded in December. The ratio would then be different - not the same. The numbers in this report are fabricated - there is no way there can be a 7.7% short over two years every single month.
This report appears to be fabricated. This is out of character for the company from what I can see. I would really like to know what this is about and where this data came from (not the web site - I already went there - I want to know where THEY got it from and who they are, etc.).
No one has given a straight answer about this yet.
I am patient, though...
;)
-Neb
