Health Sciences Group Inc (HESG)

[VeronicaFox]

The publicly provided FINRA Daily reg SHO data that you post is merely the initial leg of of a transaction. It does not show actual short position nor open positions at the end of each day. The Trade cycle is Trade Date +3 days for settlement. Daily Reg SHO only shows the First leg of a transaction and doesn't reconcile based upon settlements made seconds later as the trade has yet another 3 days to settle.

One can find Daily reg Short reports on just about every single stock specific board, HESG included, but no one ever posts the closing Reg SHO report, AND the Fails to Deliver report.

What about the final disposition? Why isn't that posted as well? Posting one without the other is one sided representation, initial position is all that is exposed but never the final settlement of those initial positions.

Anyone who is concerned about actual short positions should refer to the Bi-monthly Short Interest report because that's what it reports.

Anyone concerned with open positions should refer to the final Reg SHO report, the Fails to Deliver report from the SEC.

In fact, the SEC suggests using the Bi-Monthly Report and/or the FTD report to track Short Interest and open positions.

October 24, 2014 = 99.67% marked short according to FINRA
Date|Symbol|ShortVolume|ShortExemptVolume|TotalVolume|Market
20141024|HESG|30049499|0|30150610|O
http://regsho.finra.org/FORFshvol20141024

If the aggregate net balance of shares that failed to be delivered is zero as of a particular settlement date on or after September 16, 2008, then no record will be present in the file for that date. Fails to deliver on a given day are a cumulative number of all fails outstanding until that day, plus new fails that occur that day, less fails that settle that day. The figure is not a daily amount of fails, but a combined figure that includes both new fails on the reporting day as well as existing fails. In other words, these numbers reflect aggregate fails as of a specific point in time, and may have little or no relationship to yesterday's aggregate fails. Thus, it is important to note that the age of fails cannot be determined by looking at these numbers. In addition, the underlying source(s) of the fails-to-deliver shares is not necessarily the same as the underlying source(s) of the fails-to-deliver shares reported the day prior or the day after.