Assume that you are given the following information on the company Green Mountain regarding the short sales

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Assume that you are given the following information on the company “Green Mountain”

regarding the short sales of its stock:

Shares shorted (000s): 9,184.5 Percent float: 49.4 Days to cover: 27 Average daily volume (000s): 346

a. How was the “days to cover” number derived?

b. What is the meaning of that number?

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