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STAAR Surgical Company Message Board

  • comedieus comedieus Feb 21, 2013 9:38 AM Flag

    Short Interest vs shares afloat

    Latest published nasdaq short interest (SI) shows 1.5M shares
    Float is 27.6M shares, so SI is 5.5% of float.
    But, latest institutional insider and ownership is about 80%, meaning only 5.1M shares are trading from individuals. SI is 29% of that trading block of shares.
    Looked at in that light, you understand why short postings and fora editing is occurring. Shorts have a big problem in trying to cover. A bit of good news and they are toast. Staar moved up the earnings release date by a week too, thereby making it harder for shorts to cover before release.

 
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