days to cover

Short Interest Ratio

In technical analysis and fundamental analysis, a ratio of the short-sold shares of a publicly traded company to the trading volume over a given period of time. This is an indication of the market's sentiment regarding a particular stock. A higher ratio indicates a feeling that the stock will decline in value, while a lower ratio indicates general belief that it will rise. It is not an exact indication, as it fails to take into account matters such as the potential exercise of convertible shares. Fundamental analysts interpret a high ratio as bearish because it shows an expectation for lower prices; on the other hand, technical analysts see a middling ratio as bullish as it may indicate a demand for a stock among hedge funds unable to cover a short sale. The short interest ratio is also called days to cover. See also: Hedge fund.

days to cover

References in periodicals archive ?
RAWALPINDI -- The District Health Authority extended its anti-polio drive for two more days to cover children missed due to the recent rains.
In fact, it will take you 100 days to cover the entire museum - if you arrive when it opens and leave when it closes, and spend 30 seconds on each artwork.
Taking three days to cover the distance, the team, which included riders from insurers Ecclesiastical, and Ansvar, and specialist brokers SEIB and Lycetts, raised money for seven charities: Winston's Wish, Age UK Gloucestershire, Little Havens Hospice (Essex), Motor Neurone Disease Association, Scope, Cystic Fibrosis Trust and Meningitis Now.
Whenever theatres are quiet my manager rosters me for annual leave for one or two days to cover those quiet times.
Essam Al-Mulla, chairman of the Alkhobar Municipality, said that the campaign is conducted regularly and has been intensified recently during Eid Al-Fitr days to cover malls and food warehouses to ensure their compliance with the terms of transferring, storing, preparing and displaying food and other products.
On a relevant note, the distribution of gas cylinders at regular price recommenced in Aleppo city on Wednesday, with the distribution continuing within the next few days to cover all residential areas.
Next week's VAT rise means the average worker will have to work for how many days to cover their annual tax bill in 2011?
Route takes 2 days to cover & all machines are in great working condition.
It takes people a further 21 days to cover all of the VAT they will pay this year, while the various different excise duties account for 13 days.
In addition, the underwriters will get an option to buy 1.3 additional common units within 30 days to cover stronger demand.
The 310-mile trek took four days to cover and led to almost as many punctures but it was well worth while as it helped swell the coffers of the Everton Foundation.