$DXM $10.6M of short position covered 5/15 to 5/31. $35M still short.
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
5/31/2013 2,063,428 623,663 3.308562
5/15/2013 2,672,129 449,438 5.945490
Read more: http://www.nasdaq.com/symbol/dxm/short-interest#ixzz2VwRWz5Ap
Well... they are on the run now, boys and girls... and this is after successfully holding down the price for the last 2 years. Still trading P/LFCF < 1. This will not be the case when revenue declines slow and the debt trades its way up to par in the near future.
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Glen's Musings — AI, investing, and building things. Occasional. Free.
Glen Bradford
Investor · Builder · Writer
MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.
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