RE:RE:RE:RE:RE:Myles Bosman Executive Vice President, Exploration SellsAccording to a quick search on Short ratios, ratios greater than 8 days are very bullish because it would be very difficult to cover the short position.
BIR average daily volume is about 2 million. If 7.8 million short position is correct then the ratio is near 4. Therefore, a short squeeze possibility is not quite there yet.