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The company had a short position, or a bet that prices would fall.

He would not confirm whether either short position was still open.

If the individual has a short position, his holding period return is.

A month later, with the price up to $33, the short position had increased to 1.1 million shares.

Indeed, he has added to and covered part of the short position at various times over recent months.

And he is maintaining a short position on the stock.

But not much: the short position is just 50 shares.

The short position at the end of the period was 6.9 million shares, down almost 60,000 from a month earlier.

It would take 57 days to cover the short position in its stock.

With the price at $32.125 in early November, the short position had been 3.3 million shares.