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ARRIS Group, Inc. Message Board

  • helloworldwxyz helloworldwxyz Mar 5, 2009 1:21 PM Flag

    % of Float Held by Institutional & Mutual Fund Owners - 101%

    Can someone please explain why this number (% of Float Held by Institutional & Mutual Fund Owners )is 101%. Is it because of people with short positions that the number is higher than 100%? If so, if the short interest is 6% according to Ameritrade, does it mean really 95% is owned by institutions and mutual funds. And if Arris is going to buy back 10% of the float, do we see a short squeeze forming?

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ARRS
30.42-0.56(-1.81%)Aug 27 4:00 PMEDT

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