InvestorsHub Logo
Followers 123
Posts 7821
Boards Moderated 0
Alias Born 08/27/2000

Re: sojourner post# 17413

Wednesday, 03/12/2008 2:00:20 PM

Wednesday, March 12, 2008 2:00:20 PM

Post# of 35633
Isn't days to cover the number of days at the average volume it would take to cover the entire short position. ie short position divided by average volume.

In this case 375k shares short/300k shares volume ='s 1.25 days to cover.




I'm getting thirsty dammit!

Oh yea, everthing is my opinion only. Please make your own decisions and consult your own financial advisors for both investment and income tax issues.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.