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Cirrus Logic Inc. Message Board

  • kbononi kbononi Jan 22, 2013 5:16 PM Flag

    6 mill shares are short in CRUS

    Cirrus Logic Incorporated
    $ 29.00
    CRUS
    -0.39
    Daily Short Sale Volume - NEW
    view
    Short Interest (Shares Short)
    6,289,700
    Days To Cover (Short Interest Ratio)
    2.5
    Short Percent of Float
    view
    Naked Short Selling List - NEW
    view
    Short Interest - Prior
    6,237,000
    Short % Increase / Decrease
    0.84
    Short Squeeze Ranking™
    view

    Sentiment: Strong Buy

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    • Its really hard to understand why there are so many shorts still in this stock. They already took us from 45 down to now 29. I wouldn't think there would be much further downside from here. I would have thought the smart ones would have covered when we were in the 24-25 range. Very risky thinking Apple will disappoint. Although for us longs the shock to their system when Apples breaks records will propel us up quick.

 
CRUS
40.21+0.01(+0.02%)Jul 22 4:00 PMEDT