RE:RE:15% TuesdayLast week it jumped from 3% to 9.75%, this week jumped to 15%. This is certainly indicative of the short market tightening. Its a good sign if youre long and believe positive catalysts and the fundamental value proposition are on your side.
i candidly dont know how to interpret the short volume data just posted. To me the better measure is declared shorts outatanding. The fact that the lending rate had climbed so sharply doesnt suggest to me that outright short positions are being reduced