Nabors Industries Ltd. (NBR) has something relatively rare for a stock with this much short interest, that being insiders taking the other side of the trade. Looking back over the trailing six month period, NBR has seen 2 different instances of insider buying, as summarized by the table below:
|07/26/2013||John P. Kotts||Director||120,000||$14.95||$1,794,350.00|
Below is a chart showing the "days to cover" for NBR over time:
And looking at the chart below, NBR's low point in its 52 week range is $13.50 per share, with $18.33 as the 52 week high point — that compares with a last trade of $15.90.
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