The table below shows growing short interest in INVN.
Seems to have potential for humongous short squeeze, but what price level would trigger the squeeze ? Any educated guess(es)out there ?
(As per Yahoo figures, total float is only 13.8 M shares; therefore short interest is whopping 38% of float !!)
Date ShortInterest Avg Daily Vol. Days to Cover
Aug. 15, 2002 5,295,311 957,021 5.53
Jul. 15, 2002 5,120,532 907,319 5.64
Jun. 14, 2002 4,770,544 1,842,352 2.59
May 15, 2002 3,419,055 2,465,288 1.39
Apr. 15, 2002 2,281,801 1,988,724 1.15
Mar. 15, 2002 2,209,823 1,429,750 1.55
Feb. 15, 2002 2,362,358 2,458,418 1.00
Jan. 15, 2002 2,187,441 3,180,797 1.00
Dec. 14, 2001 3,112,407 4,442,392 1.00
Nov. 15, 2001 2,482,261 1,176,841 2.11
Oct. 15, 2001 2,153,519 2,281,107 1.00
Sep. 14, 2001 7,913 21,312 1.00