Could someone please share the formula for finding out shorts days to cover? I don't understand.
Thank you!
Posted May 01, 17 7:07 PMbyDeeSniper
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Could someone please share the formula for finding out shorts days to cover? I don't understand.
Thank you!
Days to cover = Shares short/Average daily volume... So 2,000,000 shares short and average daily volume is 1,000,000, then 2 days to cover.
Anything over 10 can make it fly if there is a catalyst.
in @Turbobob 's words - "....over 10 and let the fireworks begin!"... Donna - Follow Bob Knight...he is a sea of knowledge.
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