RE:RE:RE:RE:US - Shortslovecarats wrote: There are several graphs on ShortData.ca that show Shorts back to Jan 1, 2015.
The first one gives an eyeball of short trades ratio which is fairly indicative.
Link:
https://shortdata.ca/?c=mountain-province%20diamonds%20inc.-short-sales&sym=MPV.TO
LC
Thanks a lot for that link. To me the graphs are nice, and the table even better. I calculate, without a lot of confidence that I am doing it right, that for the last 11 trading days shown the average daily volume was 126,566/(0.13318 x 11)= 86,394.
Assuming that all 126,566 shares were still shorted on 9/1, then the short ratio was 126,566/86394 = 1.46, which I would consider to be pretty modest.
I think that, even simpler, the short ratio can be determined y multiplying the % Total Traded Volume by the number of trading days in the period.
I suspect that there is a good chance that I am in error, if so, please correct me, anyone.
Nor am I any expert at analyzing short data, but if the above calculations are correct, it would seem to me that the resulting recent short ratios are pretty insignificant and not worth much discussion. Again, I am open to correction.