These reports do not calculate NSS nor do are they able to track offshore hedgefunds that short and transfer their shares from one broker to another so shares don't show up on a reg-sho list. Check out this link by Bud Burrell. <a href="http://www.netcastdaily.com/broadcast/fsn2008-0712-2.asx" target="_blank">http://www.netcastdaily.com/broadcast/fsn2008-0712-2.asx</a>