While short interest has retreated slightly, it still remains quite high, indicating there may be more upside pressure from short covering.
Dec
04
2002
Short Interest...Still High Despite October And November Performance
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![Matt Paschke / Senior Research Analyst](https://leuthold.imgix.net/leutholdgroup.com/site_files/authors/Paschke2_HiRes.jpg?h=150&w=150&fit=crop&fp-y=.15)