Hey guys sorry I'm new and dumb so I have dumb question. If a company has a short volume of 25% but short interest ratio of 6%, does that mean that there are alot of shares being shorted but also bought back right away because the price is fluctuating enough to allow for that to happen? Or am I totally missing something and need to read more? I having a little bit of difficulty finding an answer no matter how I type it into google. I'm still learning (spending almost every hour when I'm not working trying to research), so I'm sorry if the question doesn't even make sense. Any advice would be appreciated. Thanks!
Short interest is the number of shares shorted that have not been covered yet. They are reported every two weeks. Short volume is very short term, like daytraders that may be shorting a stock on that particular day.
