Digital Brand Media and Marketing Group Inc (DBMM)

[12Xander]

ChatGPT about the daily unimportant VWAP-indicator:

Counterfeited short shares, often referred to as “naked short selling,” can potentially affect the Volume Weighted Average Price (VWAP) of a stock. VWAP is calculated by taking the sum of the price multiplied by the volume traded at that price and dividing it by the total volume traded:
VWAP=Total Vol.?(Price×Vol.)?
When counterfeit shares are introduced into the market, they artificially inflate the volume, which can distort the VWAP. This is because the VWAP calculation assumes that all traded shares are legitimate and thus reflects the true supply and demand. If the volume data is inaccurate due to counterfeit shares, the VWAP will not accurately represent the average price at which the stock was traded over a specific period.
It’s important to note that naked short selling is illegal in many markets because it can lead to market manipulation and can have a detrimental impact on the stock price.