MLX 2.70% 38.0¢ metals x limited

Shorts, page-13

  1. 684 Posts.
    lightbulb Created with Sketch. 46
    That's not what "Days to cover" means. It's not contractual, just a measure of shorting volume

    From wiki:
    "Days to cover is calculated by taking the number of currently shorted shares and dividing that amount by the average daily volume for the shares in question. For example, if a company has average daily volume of 1 million shares and 2 million shares are currently short sold, the shares have a cover rate of two days."
    Last edited by woltage: 16/04/19
 
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