LogFAQs > #950073101

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Topic	Stock Topic 18
tyder21 01/29/21 10:09:29 PM #26:	Okay, yeah that message was probably written by someone who is misunderstanding days to cover. If you look at the 1/15/2021 line you can see that the volume of shares sold short was 44,670,000. The average daily trading volume at the time was probably around 74.5M. So it would take an average of 0.6 days to cover the short positions. --- http://letterboxd.com/tyder21/ <cite>tyder21 posted [p:950073101] in Stock Topi... [t:79267121]...</cite> <quote>Okay, yeah that message was probably written by someone who is misunderstanding days to cover. If you look at the 1/15/2021 line you can see that the volume of shares sold short was 44,670,000. The average daily trading volume at the time was probably around 74.5M. So it would take an average of 0.6 days to cover the short positions. --- http://letterboxd.com/tyder21/</quote> ... Copied to Clipboard!
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