The short$-$interest ratio is defined as the total number of shares shorted by investors divided by the total number of shares outstanding $($i$.$e$.$ "the float"$).$ Regarding the short$-$interest ratio,

Group of answer choices

it measures the number of shares sold each day

it may be used to forecast subsequent movements in the price of a stock

an increase in the ratio suggests short sellers expect the price of the stock to rise

a reduction in the ratio indicates that short sellers continue to sell