PNV 0.83% $2.44 polynovo limited

Short Activity in PNV, page-79

  1. 2,829 Posts.
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    Hi Doc
    I realised I used "days to close" rather than days to cover which is the correct terminology. My apologies.

    Days to cover is a thoeretical calculated indicator that shows how long it would take to close all the short positions based on the average volume traded over a certain number of trading days. It is a relative risk value really and depending on the number of trading days used for the average it can vary from source to source. I used a longish number which seems to work OK. Really I am looking for a trend.

 
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