Today is the day>>Rule 3360(a) NASD members are required to maintain a record of total short positions in all customers and proprietary firm accounts in NASDAQ securities and requires members to report such information to the NASD on a monthly basis. Furthermore, short interest reports must be made as of the settlement date (currently the 15th of the monthly). Earlier this year the SEC approved amendments to Rule 3360 that expand the short interest reporting requirements to over-the-counter (OTC) equity securities. The NASD intends to have data available on the OTCBB web site that will show monthly short activity beginning July 25, 2006."
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.