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.
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2 comments:
Cost to borrow still -100%, rounded up to nearest dollar.
Prime brokers still making a pretty penny.
That varies from broker to broker.
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