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Days to cover=short interest (divided by) average daily volume.
And what does a figure of 2.6 days to cover signify/mean?THanks again, in advance
a high days to cover number suggests the stock may be experiencing a "run up" due to those with short positions buying back the stock.
itmn has been slowly trending up for the past 10 days and could easily run on up, so (my opinion only) i don't think it would be sensible to short it here.