You beat me to this post title...lol. I have written up some...

You beat me to this post title...lol. I have written up some thoughts below.


Short positions – some reality
From the outset, any “like” I may get for this post will be worth its weight in gold. It means that I have been able to educate a few readers here just a little or we may have some astute UNIS investors that truly get my explanation. As a dummy myself, that would be great. There may be a band of people that choose to be critical on mwhat I am suggested – despite backing my comments up with data. If you do have a differing point of view, I welcome this in the discussion and am very keen to adjust any thoughts I have if it is well argued or backed by numbers or facts.
So often we hear “the shorters’ ”, “the shorters’ ”. They seem to get vehemently blamed for everything from the UNIS share price drop to global warming.
When I hear people use the word “short, shorter, shorters” etc. my little brain seems to instantly translate that to mean the person using it is perhaps from this list :

• Ramper
• Maniupulator
• Ill informed
• Ignorant (lacking knowledge or awareness in general)

In the USA shorting is a way of life from traders. We need to accept this even if we don’t like it. In other words, it is a legitimate tool for trading and making [losing] money – something we are all trying to do. If not, that island I referred to in a previous post is still available for viewing.
Please make up your own opinions from the below as this is my personal opinion, nothing more – DYOR. This is just one way of looking at it. I am hoping some screen shots appear to help explain my thoughts…fingers crossed.
Areas of interest to me with regards to shorts are the “days to cover” and “percentage of float” that are shorted, especially the days to cover.
Days to cover is the number of shares shorted divided by the average volume of trade.
For example:
- if you have 100 shares shorted
- the average trades per day is 20 shares
The days to cover is 100/20 = 5 days
The lower the number the less pressure on the shorters to cover their position.

In this regard, UNIS have made the top 50 coming in at a lowly 41 with the current number being 24 days to cover. These figures are released on the 15 of the month.