finviz mentions, the short float to be 7% and Short ratio is 1.05 which says it's much conservative than the numbers posted. How to explain the difference?
1) Total Shares of 273Million this is what finviz is using. This includes locked up shares that can't trade right now
2) the Currently tradable float, this is 32 Million and what I, Bloomberg, Markit, and any non budget site will use as these are the only shares that currently matter.
LifeOfPi mentioned the short float to = 7%. Chollida1 mentioned the 7% figure was using 273mil shares as a base.
So wouldn't the total shorted shares equal 19mil? (19mil = 273mil X 7%). However, Chollidal mentioned in the first post that 27mil shares are shorted. Trying to figure out how to bridge the gap between 19mil and 27mil...
PS. Not trying to nit-pick. The comments are very useful. Maybe I'm missing something....
1) Total Shares of 273Million this is what finviz is using. This includes locked up shares that can't trade right now
2) the Currently tradable float, this is 32 Million and what I, Bloomberg, Markit, and any non budget site will use as these are the only shares that currently matter.