Short volume yesterday was 56.1% dropping the stoc
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Posted On: 10/19/2017 7:27:39 PM
Short volume yesterday was 56.1% dropping the stock ~11% back after the previous day (Oct17th) 10% rally. The good news is that the despite this 11% drop, total vol was light at 1.7 mil shares (shows lack of commitment to the move).
Oct 17th's 10% UP rally day was a lower 34.67% short vol. with a committed higher total 7.65mil vol day.
Today, Oct 19th, a rally back today on 3,645,155 vol. could have been some short COVERING, along with real buying. Check tomorrows report. What we need is some bigger volume UP days to sustain a rally and get investors to jump on this train. Today was so so volume.
Historical Short Volume Data for RMHB (via OTC short report):
Date Volume Short Volume % of Vol Shorted
Oct 18 1,747,224 980,144 56.10%
Oct 17 7,561,656 2,621,706 34.67%
Oct 16 1,357,852 475,970 35.05%
Oct 13 3,864,559 747,453 19.34%
http://otcshortreport.com/company/RMHB?index=...ction=view
Oct 17th's 10% UP rally day was a lower 34.67% short vol. with a committed higher total 7.65mil vol day.
Today, Oct 19th, a rally back today on 3,645,155 vol. could have been some short COVERING, along with real buying. Check tomorrows report. What we need is some bigger volume UP days to sustain a rally and get investors to jump on this train. Today was so so volume.
Historical Short Volume Data for RMHB (via OTC short report):
Date Volume Short Volume % of Vol Shorted
Oct 18 1,747,224 980,144 56.10%
Oct 17 7,561,656 2,621,706 34.67%
Oct 16 1,357,852 475,970 35.05%
Oct 13 3,864,559 747,453 19.34%
http://otcshortreport.com/company/RMHB?index=...ction=view
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