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Cumulus Media Inc. (CMLS) Message Board

  • longtimefollower longtimefollower Sep 1, 2010 12:37 AM Flag

    9th highest short interest ratio on Nasdaq.

    According to Barron's. 2.7 million shares short...49K average daily volume. Short interest ratio is 51 to 1.

    Frankly, I take it as a contrary bullish indicator, since I expect continued strong earnings, and that those shares will have to be bought in.

 
CMLS
2.59-0.04(-1.52%)Mar 27 4:00 PMEDT