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Re: None

Wednesday, 10/14/2020 11:29:36 AM

Wednesday, October 14, 2020 11:29:36 AM

Post# of 24822
There is no Shorting on OZSC or any other sub penny stock

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.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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