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Re: Peggy post# 115140

Monday, 11/18/2019 5:33:27 PM

Monday, November 18, 2019 5:33:27 PM

Post# of 132367
No worries, it’s shocking to me as well how often short volume is confused with short interest. FINRA even felt compelled to put out an information notice about the confusion:

Short sale volume data does not—and is not intended to—equate to reported bi-monthly short interest information. FINRA rules require firms to report, on a per security basis, the total quantity of shares held as short positions in all customer and proprietary firm accounts twice a month. FINRA publishes the short interest data for OTC equity securities on its website, while the data for listed stocks is published by the exchange on which the stock is listed. Although some websites redistribute the Daily File and refer to the data as “short interest,” it is NOT, in fact, the equivalent of reported short interest information.”

https://www.finra.org/rules-guidance/notices/information-notice-051019