The most recent short interest data was recently released by the NASDAQ for the 05/31/2013 settlement date, and Greenway Medical Technologies, Inc. (GWAY) is one of the most shorted stocks of the Russell 3000, based on 15.35 "days to cover" versus the median component at 4.86. 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 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.
GWAY: Insiders Vs. Shorts
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