InvestorsHub Logo
Followers 0
Posts 182
Boards Moderated 0
Alias Born 06/07/2018

Re: Homebrew post# 11389

Wednesday, 11/28/2018 12:38:26 PM

Wednesday, November 28, 2018 12:38:26 PM

Post# of 12427
1. The information shown is an OTC requirement according to Rule:- 4560, And if they get paid by the click so be it. There info comes from the OTC..

Quote "Equity Short Interest
Archive

Browse archived text files for Equity Short Interest here
Retrieve instructions to download Equity Short Interest data via API here
FINRA Rule 4560 requires FINRA member firms to report their short positions in all over-the-counter (“OTC”) equity securities to FINRA. OTC equity short interest is available for view by issue, or by downloadable pipe-delimited text file containing all OTC equity securities reported with a short position. Data is available online for one rolling year based on the settlement date provided in the Short Interest Reporting Deadlines and archived data is available via download.
Please refer to the Short Interest Reporting Deadlines for the current reporting schedule. Additional information relating to short interest reporting can be found here." End Quote.

2. Quote " MMs often borrow shares very briefly as part of their job to quickly process orders during the day. Those aren't "Shorts". End Quote.

If everyone had locked in their shares then there would be no where to borrow shares from.

3. So who is selling at a loss ? M&M's make money on the Spread, And if
no one sells there is no trade ! Which basically means the bid and sell price would rise.