Green Mountain (GMCR) Sees Short Squeeze Near Key Level
Tweet Send to a Friend
Get Alerts GMCR Hot Sheet
Down)
Trade GMCR Now!
Green Mountain Coffee Roasters (Nasdaq: GMCR) shares are notably higher Tuesday into the shortened holiday session and with the Fourth of July coming up tomorrow.
There might be a short squeeze going on above the $22 level, where Green Mountain found support early in June.
About 15 percent of Green Mountain shares are being held short, with days to cover at 3.3.
The stock is up about 6 percent on the session.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
There might be a short squeeze going on above the $22 level, where Green Mountain found support early in June.
About 15 percent of Green Mountain shares are being held short, with days to cover at 3.3.
The stock is up about 6 percent on the session.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Can AMD (AMD) Shake Off the Goldman Downgrade?
- Real Goods Solar (RSOL) Goes Parabolic
- Tableau Software (DATA) IPO indicated $37-$40 after pricing at $31
Create E-mail Alert Related Categories
Insiders' Blog, Momentum Movers
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
