KATX stock was down 15% today. Meanwhile, well over 2 million shares were short sold. Here's today's RegSHO data:
20110316|KATX|2638926|0|9213644|O
That first number of 2,658,926 shares is short volume. The ZERO is "short exempt volume". The total volume was 9,213,644. Short volume was about 29% of today's trading.
Well, shortie has 13 days to cover now or it's a fail to deliver. This stock goes up even a little and it's a squeeze.
Thank you FINRA and SEC for your new Regs.
Good luck to KATX investors.