In this episode the shorts have continued their retreat with short interest levels falling to levels not seen since before 9/28/12. Not an awe inspiring move by any means, but a decline none the less. Is this officially a trend...stay tuned.
Settlement Date_____Short Interest_____Avg Daily Share Volume_____Days To Cover
Hi Duck, thx for the update. It's a funny thing. On an emotional level, I'm glad to see the short interest decline, nobody, not even me, likes that feeling that someone (everyone) knows something that I am totally oblivious to, like walking down the street with my zipper down or having a "kick me" sign on my back or being invested in a biotech everyone knows is headed for oblivion. At the same time, on a more analytical level, I know that a high short interest is a good thing, it that means that there are 38 million shares out there that have to be bought just to bring the buy/sell equation back into balance. Everyonme have a good weekend and we'll be back on Monday.