Sunday, August 29, 2021 11:59:33 AM
If somebody sells a share short and does not deliver it (naked), illegal or not the DTC is the party who will be on the hook if the seller just flies off to the islands. It is the DTC that reports these numbers to the SEC. The DTC has real reason to report this data correctly.
The official numbers showed a total of 1004 shares outstanding that were shorted and not delivered to the buying party. Those are the naked short shares, illegal or not.
SEC raw data on fail to delivers.
This story about 100's of millions of these shares is pure speculation, though attributed tp LG by some posts.
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