Nonsense- "I look at that 6.1million short position that someone took a while ago and I have different thoughts. At first I wondered who that might be. I don't wonder anymore because I think I know who. "
Intellect Neurosciences, Inc. Short Interest ILNS $0.01 * 0.002 negative 25%
*Delayed - data as of Apr. 17, 2014
Community Rating: Rate Intellect Neurosciences, Inc.rate it now
No Short Interest
When is short interest updated?
NASDAQ OMX short interest is available by issuer for the past 12 months and updated twice a month. Short interest data is reported on mid-month and end-of-month settlement dates. It is then released on a dissemination date after 4 p.m. ET.
OTC markets still show about six million shares "short". In reality, that means that 6MM shares hadn't been settled. OTC markets will update their site to show zero short sales, by the end of this month.
If anyone is looking for real information about "short sales" and settlement dates, IH has an excellent resource at this board.
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