Jul. 9 at 3:32 PM
Thoughts on short coverage of
$LEVI: Today’s volume: approx.3.1M shares. Then 7.46𝑀 / 4.01𝑀 = 1.86 days (Real‑time Days‑to‑Cover: ≈ 1.86 days). This is significantly lower than the official FINRA metric (3.5 days), meaning shorts could cover faster today due to elevated volume). The general guideline for under 3 days: Shorts can unwind quickly. Do your own due diligence, past performance is not an indication of future results. Best to all.