Titan Pharmaceuticals Inc (TTNP)

[TRUISM]

I just cannot not believe that the short interest would be up almost 150% in just one month.

Maybe the FAQ section will help a bit in explaining:


Frequently Asked Questions
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What is the purpose OtcShortReport.com?
Our short reporting platform was developed to provide free of charge all the short selling data that is available on over the counter stocks.

What are OTC Stocks?
OTC Stocks are "Over The Counter" Stocks or Stocks that Trade on the OTC Markets. See: http://www.otcmarkets.com

What Markets Does OtcShortReport.com Provide Data for?
We track OTCBB, OTCQB, OTCQX and PinkSheet stocks.

Why is this service useful?
Understanding what percentage of any particular stocks daily volume is short is extremely important in understanding the level of manipulation occurring on that particular security. Market Makers are shorting small OTC companies in increased frequency. Many OTC companies try to market themselves by way of Investor Marketing campaigns and newsletter features to generate awareness to their business and brands.

Short Sellers do not care whether or not a business plan is feasible, but rather how much volume they can capitalize on, by shorting "selling shares" to new investors that may otherwise believe in the company or business plan. Some investors simply want to daytrade OTC stocks, and they too are effected as Short Sellers are often manipulating the share price and market depth.

What do you mean by True Volume?
Many financial portals like Yahoo Finance, Quote Media and Bloomberg are providing inaccurate volume data on stocks. Market makers often double print orders on OTC companies. OtcShortReport.com tracks real volume which provides our users a better in depth look at the real volume on a given trading day and a calculation of the percentage of that volume which was short sold.

What is Naked Short Selling?
In a "naked" short sale, the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period. 3 As a result, the seller fails to deliver securities to the buyer when delivery is due (known as a "failure to deliver" or "fail").
http://www.sec.gov/spotlight/keyregshoissues.htm

What is a Threshold Security?
Threshold securities are equity securities that have an aggregate fail to deliver position for: ??*five consecutive settlement days at a registered clearing agency (e.g., National Securities Clearing Corporation (NSCC)) ?*totaling 10,000 shares or more ?*equal to at least 0.5% of the issuer's total shares outstanding ??Threshold securities only include issuers registered or required to file reports with the Commission ("reporting companies").

??Therefore, securities of issuers that are not registered or required to file reports with the Commission, which includes the majority of issuers on the Pink Sheets, cannot be threshold securities. This is because the SROs need to look to the total outstanding shares of the issuer in order to calculate whether or not the securities meet the definition of a "threshold security." For non-reporting companies, reliable information on total outstanding shares is difficult to determine.
http://www.sec.gov/spotlight/keyregshoissues.htm



Blessings to All

TRUTH