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Re: Cartman 3_16 post# 63998

Tuesday, 10/04/2022 3:00:19 AM

Tuesday, October 04, 2022 3:00:19 AM

Post# of 64318
I said short volume, not short interest.

Let's say you buy CCTC from your broker on the ask. Your order is processed immediately even if no shares are available. In that case, you get IOUs (adding to short volume) and your broker has two days (T+2) to locate those shares or it becomes a failure to deliver (FTD). With short volume, you're only seeing half the trade.

Monday: 8 trades; 5216 total volume; 4938 short volume (95%).
Something smells fishy.
Correct me if I'm wrong, but it appears those 8 trades were filled with 278 real CCTC shares and 4938 IOUs.