Rambus (RMBS)

[cordob]

Short interest is indeed up, Threejack.

see:
http://tinyurl.com/bqtt3

"Rambus, Inc. - Common Stock 12,273,374 10.52 1,400,574 8.76"

I believe that includes the 4 million shares which were shorted by the convert holders earlier this year. If so, effective short position is at most 8+ million shares.

Another way of looking at it, is that about 11 million shares can be had by converting the converts. We don't really know how many of those have already been shorted in a trading mode of hedge funds (covered by the converts).

Cheers
Cor