Short interest is moderate for with between 6 and 11% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices
Short interest is moderate for with between 6 and 11% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices
I don't really use short interest except for their extremes to confirm potential turning points from bottom up. Having said that, if this rolls over and short interest is only in single digit %; that means it'll likely become double digits.