TherapeuticsMD Inc (TXMD)

[Donjayouworry]

I've always wondered if criminals would criminally short such a highly visible equity. This stock shows up on every list as one of the Top 3 shorted stocks on NYSE based on shares (# 2), days to cover (# 3) and percent of float (# 2). Criminals don't usually act in the light of day.

It was opined by another poster that some of the Institutions holding the stock have done some shorting to play short term trends. If so, they own the shares to cover their "paper" short. There could be many reasons why an institution holding a significant equity stake would NOT want to show that it is reducing its Long position and would rather reduce their Net Long shares "anonymously" by shorting.

Another likely issue is your calculation of the stock's float is different than WSJ (assume you are looking at their on-line shorting metrics) calculation. That could be a math issue (what is included, what is not included in the calculation) and also could be driven by using a dramatically different calculation for Insider and Institutional Holdings. (For example, Perhaps insiders have Options and you are counting them as Shares, vested vs non-vested, etc.)