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Sep 23, 2005 (M2 PRESSWIRE via COMTEX) --, announced today that the 2.64 million shares declared short on Genesis Microchip ...have a SqueezeTrigger Price of $16.63 per share. .....
From January through August of this year, an aggregate amount of 34,442,207 shares of GNSS have been shorted for a total dollar value of $572,710,400. The GNSS SqueezeTrigger price of $16.63 is the volume weighted average price that all shorts were short in shares of GNSS. Since crossing above that price, the shares are up 33%. There is still approximately $58.5 million worth of potential short covering in shares of GNSS.
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