Wednesday, October 14, 2020 11:29:36 AM
Short Volume is often confused with Short Interest.
Short Volume ( which is high in OZSC ) is the total volume of shorted shares, even if they are covered at EOD. This is pretty much BAU especially in stocks with a lot of toxic debt. MMs sell what they can ( going short ) and the note holders make good the position at EOD.
Short Interest is the total of shares shorted, but not covered. ( virtually non in OZSC ). This can happen in normal trading, but is trivially low ( often under $10 worth of stock ) MMs selling don't always have the complete amount of shares in their inventory, so could be short for a while awaiting a sell to replenish their position. Overall it all balances out. MMs will often trade small amounts between themselves to further eliminate these positions.
In OTC stocks, traders need to have cover of about $2 per share if they wanted to take a proper short position. This eliminates any genuine short investments for any OTC stock at sub penny, it would be far to expensive.
Recent OZSC News
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 06/06/2024 09:08:32 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 08:03:12 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 01/29/2024 05:15:18 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 01/23/2024 09:59:05 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 01/12/2024 09:56:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/18/2023 08:15:19 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:00:50 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 03:33:21 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 07/07/2023 09:28:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/30/2023 09:24:00 PM
DaBaby and Stunna 4 Vegas's "NO DRIBBLE" Joins Music Licensing, Inc.'s Portfolio • SONGD • Jun 7, 2024 10:15 AM
Mushrooms Inc. (OTC: MSRM) Announces Significant Share Buy Back by the Board Director and New Strategic Initiatives. • MSRM • Jun 5, 2024 1:32 PM
Hydromer Announces Launch of HydroThrombX Medical Device Coating Technology • HYDI • Jun 5, 2024 10:24 AM
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Avant Technologies Enters Binding LOI to Purchase Dozens of High-Performance, Immersible, AI-Powered Servers • AVAI • Jun 5, 2024 8:00 AM
IQST - iQSTEL Announces $290 Million 2024 Annual Revenue Forecast • IQST • Jun 4, 2024 1:43 PM