Investors in Salesforce.com (CRM) got their first taste of a squeeze last Friday, as shares of the $30 billion software maker got boosted by 12.5% on the heels of positive earnings news. Friday's bump added some much-needed relative strength to CRM's year-to-date performance, pushing shares' 2013 gains to a market-beating 18%.
But shorts are still squarely betting against Salesforce.com right now. With a short interest ratio of 16, it would take more than three weeks of buying pressure for short sellers to cover their positions.
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