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ashy2classy

04/21/10 12:56 PM

#6468 RE: EquityTrader #6467

FINRA data only accounts for shares sold short, not if those shares were ever bought back (covered) so the information isn't completely accurate.
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iheartmoney

04/21/10 1:15 PM

#6469 RE: EquityTrader #6467

if the shorts for a given day are above 50% then they were not covered same day .... that short number can be covered same day or the next etc... once has to look at the number over a long time and see if it is consistently above 50% ...