InvestorsHub Logo
Followers 5
Posts 336
Boards Moderated 0
Alias Born 11/29/2013

Re: Red Angus post# 50095

Tuesday, 02/04/2014 8:50:24 AM

Tuesday, February 04, 2014 8:50:24 AM

Post# of 68424
The ratio he posted is based on the formula:

Ratio = short interest / trading volume

short interest is still the same (around 19 to 20 Millions)

WA/RR rulings caused the trading volume to spike in the past week.

So short interest divided by bigger trading volume = will yield smaller ratio to cover.

Simple math...