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Career Education Corp. Message Board

  • straight4wd straight4wd Oct 28, 2012 8:32 PM Flag

    EDMC I just noticed

    I hold both EDMC & CECO and short interest on EDMC is a tad over 4 million. average daily volume has shrank to 98,000 shares that so they say equates to 41 days to cover.
    I just posted on the EDMC board that is wild.

    Settlement Date Short Interest Avg Daily Share Volume Days To Cover
    10/15/2012 4,151,977 98,930 41.968837 0
    9/28/2012 4,124,281 165,697 24.890499 0
    9/14/2012 4,159,764 194,450 21.3924

    I would be more nervous to be short than long there.



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