Investing
Short Seller Swarm: Highest Days To Cover (CADX, DMND, TSLA, OMEX, PACR, MNKD, WAVX, ENER, NTRI, ZIXI, MR, ZZ, RCI, MNI, HGG, AM, BPI, LTM)
September 27, 2011 11:13 am
Last Updated: April 28, 2020 4:51 am
NASDAQ SHORT INTEREST DATA:
Cadence Pharmaceuticals, Inc. (NASDAQ: CADX) saw a 1% gain in the short interest to 13,754,125 shares with nearly 40% of its float short and a days to cover ratio of 52.92 days.
Diamond Foods, Inc. (NASDAQ: DMND) saw a 1% gain in the short interest to 8,406,601 shares with some 39% of its float short and its days to cover ratio was 32.48 days.
Tesla Motors, Inc. (NASDAQ: TSLA) saw a 2% rise in its short interest to 21,189,149 shares with some 43% of its float short and its days to cover is 30.76 days.
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) saw almost a 1% gain in the short interest to 11,491,304 shares with almost 17% of its float short and with a days to cover ratio of 29.9 days.
Pacer International, Inc. (NASDAQ: PACR) saw nearly a 2% rise in the short interest to 6,476,410 shares with almost 19% of its float short and with a 28.21 days to cover ratio.
MannKind Corporation (NASDAQ: MNKD) is a perpetually highly-shorted name for its inhalable diabetes treatment. That is more than 31% of its float short and days to cover is 27.44 days. That is the highest short interest in more than a year but it is not the highest days to cover ratio at all.
Wave Systems Corporation (NASDAQ: WAVX) saw a 3% gain in the short interest to 8,648,927 shares, which is 10.5% of its float and it has a days to cover ratio of about 25.36 days.
Energy Conversion Devices, Inc. (NASDAQ: ENER) is surprising to see such a small gain considering its past in alternative energy. It had a gain of 0.6% in the short interest to 14,309,334 shares. This comes to 27.3% of its float short but was a big jump in the days to cover ratio to 24.56 days.
NutriSystem Inc. (NASDAQ: NTRI) is usually heavily bet against as it is a diet stock that is down massively from its old highs. There was almost a 3% gain in the short interest to 6,534,480 shares. This comes to 25.6% of its float and the days to cover was the highest since February at 24.03 days.
Zix Corporation (NASDAQ: ZIXI) saw a 2.1% rise in the short interest to 7,641,433 shares. Zix had about 12% of its float short and this was also more than a year high by far on the days to cover ratio at 23.69 days.
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