GREY:LFDEF - Post by User
Comment by
Gray_Wolfon Oct 27, 2017 5:09am
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Post# 26866725
RE:open positions at Urthecast
RE:open positions at Urthecastneed help to understande short position.
i am confused with "average daily volume" and "days to cover" numbers in the below picture.
i understand that there is 1,772,752 short position in UR. But considering that average volume of stock is couple hundred tousands a day, the "day to cover" short position should not take 556 days as stated in the linked picture.
any help appreciated.
thanks