Short interest is at record high, 5.05 million shares.
2.4 isn't low, especially when this is a very thinly traded stock. The last record was about 4 millions. When it was lowered to 3 million, the stock was over $115. The most recent decline was due to short squeeze. The process has to be reversed.
what the heck are you short squeeze theorists smokin'? At > 2M shares traded per day, VMW is not thinly traded. And although it's short interest increased from last month, it is still low. 2.4 day to cover is nothing. IBM, MSFT,INTC all have a higher short squeeze sentiment (using DTC) than VMW. Now if you're looking for a short squeeze candidate, look at something like FIO. With > 11 days to cover this baby is ripe for a squeeze, but it will need a good earnings report to be the catalyst...or a suitor to buy it out. This lesson in short squeezing was brought to u free of charge ;-)
It looks like that your comment is quite self-serving. The three stocks which you have mentioned each just needs about 1 day to cover. Isn't the logic that you had used previously? VMW is like IBM, both are thinly traded, and percentage-wise very volatile.
It is thinly traded considering its cap. That's why it has a big swing with just (say) 20,000 trading shares. This stock can move very fast with a relatively low volume. Market typically bounces back in Sept.