CAT: Insiders vs. Shorts
April 29, 2016 at 13:26 PM EDT
The most recent short interest data was recently released by the NASDAQ for the 03/31/2016 settlement date, and Caterpillar Inc. (CAT) is the #87 most shorted of the S&P 500 components, based on 6.49 "days to cover." 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..