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Re: Funaboard post# 231330

Thursday, 03/23/2023 6:42:56 PM

Thursday, March 23, 2023 6:42:56 PM

Post# of 233378
Short Data From FINRA
https://fintel.io/ss/us/katx

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Introduction
This short interest tracker provides a variety of short interest related data, sourced from a variety of partners. The data is organized by frequency of updates, with intraday data at the top (short shares availability, short borrow fee rate), daily data (short volume, fails-to-deliver) in the middle, and the slowest updated data (short interest) at the bottom. Note that short interest is published twice-monthly, on a schedule a set by FINRA.

Where does Fintel get its data? We source our short interest data from a variety of providers. The Short Interest figures we provide are sourced directly from the stock exchanges (NASDAQ, NYSE, NYSE American, NYSE Arca, CBOE, and IEX) and FINRA. This is the official data and covers a broad spectrum of the market. We do not source short interest from a single broker. For Canadian, Australian, and Hong Kong markets, the short interest is published by the regulatory agencies of those countries. We get this data directly from those agencies on a daily or twice-weekly basis. The float and shares outstanding we use are sourced from Capital IQ, which is one of the top firms that provide this data.

Is short interest self-reported, and therefore unreliable? Short interest is not self-reported. FINRA and U.S. exchange rules require that brokerage firms report short interest data to FINRA on a per-security basis for all customer and proprietary firm accounts twice a month, around the middle of the month and again at the end of each month. See Short Interest — What It Is, What It Is Not. for more information.

Are dark pool trades counted in short interest figures? Yes, they are. The primary difference between a dark pool and a lit exchange is that pre-trade information such as bid/ask are not available. However, once a trade is made, dark pool trades are published on the tape and tracked like every other trade. When it is time to report, any open short positions are reported, no matter what type of trading venue those shares were acquired on.

Short Squeeze Score
The Short Squeeze Score is the result of a sophisticated, multi-factor quantitative model that identifies companies that have the highest risk of experiencing a short squeeze. The scoring model uses a combination of short interest, float, short borrow fee rates, and other metrics. The number ranges from 0 to 100, with higher numbers indicating a higher risk of a short squeeze relative to its peers, and 50 being the average.

June 8, 2022 - We have updated our scoring model to include (Float - Short Interest) as a ranking factor. This is the raw number of shares available to trade that have not been shorted. It can be thought of as a "utilization" metric.
Explanation: If two companies both have 25% short float, but one has 10M unshorted shares floating and the other has 200M unshorted shares floating, the first one is clearly more susceptible to a short squeeze. The effect of this change is that the updated model will favor low-float companies over others, all other things being equal.

Update Frequency: Intraday

The above comment in no way constitutes a recommendation to buy or sell any securities. Any investment decisions should be undertaken only after conducting extensive due diligence.