Jul. 15 at 6:40 PM
From Benzinga: Thermo Fisher Scientific's short percent of float has fallen 10.0% since its last report. The company recently reported that it has 4.41 million shares sold short, which is 1.17% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.46 days to cover their short positions on average.
As for me, I bought back in at
$420.25 today with half the position I had sold a week or two ago at
$436.63. Of course, I was too quick to jump back in (
$TMO went down to
$418.05 after I bought in). I may buy more if it goes to the low 400's..
