How does the days to cover ratio of GME affect its performance in the digital currency space?

1 answers

• anh vuNov 07, 2020 · 5 years ago
  As a representative of BYDFi, I can say that the days to cover ratio of GME is an important factor to consider when evaluating its performance in the digital currency space. This ratio provides insights into the level of short interest in GME and can indicate potential price movements. A high days to cover ratio suggests that there is a significant amount of short interest, which can lead to increased volatility and potential price spikes. On the other hand, a low days to cover ratio indicates less short interest, which can result in more stable price movements. It's important for investors to monitor the days to cover ratio of GME and consider it alongside other factors when making investment decisions in the digital currency market.
  744

  372