Buyins.net revealed its latest short sale data for Extreme Motorsports. Buyins.net is a service that builds massive databases from data it collects and analyzes in order to help shareholders fight short selling.
Approximately 382.2 million shares have been shorted since August 2005 at a volume-weighted average price of $0.0029. The website expects the first short squeeze to occur when shares close above $0.0008, where approximately 143 million shares have been shorted.
Below is a table with the information Buyins.Net provided:
Month Total Vol. Short Vol. Avg. Price Short $ Value
—– ———- ———- ———- ————- ————–
September ’06 871,728 67,123 $0.4300 $28,863
October 384,492 29,606 $0.1800 $5,329
November 2,586,923 199,193 $0.1200 $23,903
December 9,070,365 698,418 $0.0535 $37,365
January ’07 28,699,086 2,209,830 $0.0102 $22,540
February 356,084,960 27,418,542 $0.0143 $392,085
March 771,139,328 59,377,728 $0.0046 $273,138
April 602,870,912 46,421,060 $0.0020 $92,842
May 1,056,046,208 81,315,558 $0.0012 $97,579
June 1,867,230,592 143,776,756 $0.0008 $115,021
July 268,569,184 20,679,827 $0.0005 $10,340
Total: 4,963,553,778 382,193,641 $0.0029 $1,099,006
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