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Turbobob
Turbobob Jun 03, 16 8:57 AM

Shorts to cover refers to the short interest. You take the number of shares short divided by the average daily volume and if only the shorts bought stock, that is how many days it would take them to cover. It is just an indicator of how much extra buying may be generated if a stock is moving higher and shorts need to cover to unwind their position

Turbobob
Turbobob Jun 03, 16 9:01 AM

Jacko - Nothing has changed from my note in the watch list.

SabZab
SabZab Jun 05, 16 8:12 PM

Hey TurboBob. Finding your posts as excellent resource. Fully appreciative. I'm brand new, reading more than I remember. We traders can locate particular stocks "short volumes" day to day? Can we get that real time? At least per this post, a main strategy on the mid-squeeze longs is watching the covers, is that right? Thanks. Like your followers, enjoying your content very much. Keep it coming. All the best.

Turbobob
Turbobob Jun 05, 16 11:23 PM

Short interest is only reported twice per month, 15th and 30th. The short interest (days to cover) is just an indicator that if a stock gains momentum, a large short interest will contribute to the move.

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