Rennova Health Inc (RNVA)

[lowtrade]

A little about naked shorting, OTC threshold, and REG SHO threshold list.


First; a stock becomes naked short if the broker/dealer fails to deliver for clearing T+4 ( meaning the day after 3 days )

If the above happens, on T+6 ( meaning the day after day 5 ) the stock then becomes OTC threshold

If the above happens, on T+14 ( meaning the day after 13 days ) the stock is placed on the REG SHO list. and action, including fines can be place on the naked short broker/dealer.

There is also a thing called short sales volume reports, which show stocks broker/dealers don't deliver for clearing at the close of the day.

And there is actual short selling where stock are borrowed to return after a price falls for a profit.

Presently RNVA is NOT on any fail to deliver list! Thus there is NO naked shorting as of tonight. There is a short interest of 700 shares though. And there is daily short sales volumes, but they seem to be getting cleared before the 3rd day, so no real fail to deliver.

short sales volume; https://otcshortreport.com/company/RNVA
Short info; http://otce.finra.org/ESI
(enter RNVA for short interest) (check OTC threshold for T+4) (then check Reg SHO Threshold for T+14)

PS; you can find all this info here;
https://www.sec.gov/investor/pubs/regsho.htm