Add Short Interest %
-
Jim Crowell commented
I agree with Kent Bryan (April 19, 2014) when he says adding short interest is an obvious piece of information before you short a stock. Percent Short interest and Days to Cover would be GREAT pieces of information to use in Unisearch, for instance. This information is readily available. You really do not want to short a stock that's at 7 Days to Cover or more. Also, the possibility of a short squeeze increases, when Days to Cover is high - a piece of information useful before you take a position long. Maybe you'd have to put up a seminar on how to use this, but it would definitely be worth it!
-
Erland Wittkotter commented
yes, pls add soon
-
Ron Ingram commented
I subscribe to Stockwatch and use it to analyze short interest (SI) behavior. SI data for Canadian exchange listings is manually reported from all the exchanges and dealers (MMs), and submitted to the TMX group, who then consolidate and publish a report. This report is prepared twice monthly; on the 15th and on the last day. The report is issued 3 days later. Stockwatch keeps the short interest activity and history on their website for a long time. An analyst like me copies the last few months into Excel, charts it, then uses it as yet another indicator of market sentiment, and sometimes to indicate whether irrational upward moves might be a 'short-squeeze'.
Unfortunately the data isn't a current as I would like it, but having it is better than not having it.
I'm pretty sure VV could acquire this SI data from TMX the same way Stockwatch gets it, and adding it as yet another parameter should be pretty straightforward.
-
Kent Bryan commented
This is a no brainer since your surefire methods employ shorting and no professional that employs shorting does not take in account short interest. Stocks with to high of short interest is a good place to get your head ripped off. Likely would see better results with your system if this was taken into account.
-
Sharon Logue commented
another absolutely, for put/call ratio, or unusual call alerts
-
Tahir Suhail commented
Yes, Please add short interest%
-
Craig Howard commented
The put call ratio is enticing but will not give you the information you want if you are looking for short or long interest. Puts and calls can be bought or sold for different outlooks. i.e. buying a call does not necessarioy mean the purchaser thinks the stock is going up and conversely for the puts. The % Short Interest is a much more believable peice of information.
-
Albert George commented
A real help!
-
nathan mueller commented
Also would be nice to see total market short interest
-
Laurel Weiner commented
absolutely! along with put call ratio!
-
Michael Bloom commented
add the short interest % to the data