CFA Practice Question

There are 221 practice questions for this study session.

CFA Practice Question

Assume Google has a short interest of 75 million shares, while the average daily volume of shares traded is 70 million. Its current price is $450 and its average price over the last 30 days is $400. Google's short interest ratio is ______.
A. 1.07 days
B. 1.125 days
C. 1.52 days
Explanation: 75,000,000/70,000,000 = 1.07 days. This means it would take 1.07 days for all of the short sellers to cover their positions.

User Contributed Comments 0

You need to log in first to add your comment.