Wednesday, November 27, 2013

Suntech Short Interest Hits A Low

Short interest on Nov 15 was about 12 million shares, down significantly. Looks like a lot of shorts must have covered at around 45 cents.

This should result in a lower cost to borrow, fewer or less dramatic squeezes, and fewer natural buyers of the stock.


Anonymous said...

Cost to borrow still -100%, rounded up to nearest dollar.

Prime brokers still making a pretty penny.

Anonymous said...

That varies from broker to broker.