InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,474.83
(
0.29%
)
US TECH 100
18,591.60
(
0.39%
)
Dow Jones
40,629.97
(
0.10%
)
Brent Oil
79.15
(
-1.77%
)
Bitcoin
67,373.65
(
-0.63%
)

Replies to post #50467 on Avid Bioservices Inc (CDMO)

Replies to #50467 on Avid Bioservices Inc (CDMO)
icon url

JJPK

05/12/10 8:23 AM

#50468 RE: honestabe13 #50467

Short interest was for 4/30.
After 4/30 we did drop .50
So I view that as old news.
Of course IMO.

Joe K.
icon url

MagShoe

05/12/10 8:33 AM

#50469 RE: honestabe13 #50467

On the contrary, technicians consider a high short-interest ratio bullish because it indicates potential demand for the stock by those who previously sold short and have not covered the short sale.

http://en.wikipedia.org/wiki/Short_interest_ratio