RENT: Insiders vs. Shorts
TUC general secretary Frances O’Grady added: ‘The bedroom tax is not saving money. Instead it is pushing up rent arrears which will force councils to waste more cash on evictions, debt collection and emergency support for homeless families. ‘It says a lot about this Government’s commitment to fairness that they’ve blocked a mansion tax for millionaires but are happy to go ahead with a bedroom tax on disabled and low paid families, no matter how much chaos and misery it causes.’ ‘Bedroom tax’ has left 50,000 people behind in their rent and…
For the original version including any supplementary images or video, visit http://www.dailymail.co.uk/news/article-2424952/Bedroom-tax-left-50-000-people-rent-facing-eviction.html
( NASD: RENT ) is one of the most shorted stocks of the Russell 3000, based on 10.50 days to cover versus the median component at 5.87. There are a number of ways to look at short data, but one metric that we find particularly useful is the days to cover because it considers both the total shares short and the click here average daily volume of shares typically traded. The number of shares short is then divided by the average daily volume, to express the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed. Click here to find out Ten Bargains You Can Buy Cheaper Than The Insiders Did In the case of Rentrak Corp. ( NASD: RENT ), the total short interest at the 08/30/2013 settlement date was 427,188 shares, which compares to the average daily trading volume of just 40,677 shares, for a days to cover ratio of 10.50. When short sellers eventually cover their positions, by definition there must be buying activity because a share that is currently sold short must be purchased to be covered.
For the original version including any supplementary images or video, visit http://www.forbes.com/sites/dividendchannel/2013/09/19/rent-insiders-vs-shorts/