Bankrupt and Distressed (BAD) Research and Due Diligence

[pinkyringcapital]

REGSHO FINRA -

http://www.finra.org/Industry/Compliance/MarketTransparency/ADF/RegulationSHO/

Is anyone here familiar with this data presented? Especially the link to the daily shorting data? Pull up a few days and look at the Tronox data (TRXAQ/TRXBQ). Tronox is listed in the ORF data.

http://regsho.finra.org/regsho-Index.html

The amount of shares this report lists as short sales vs total volume each day for Tronox is astounding. Need help understanding if the report is even correct. A poster on the Tronox message board contends that this only reports naked short sales.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48935075

and my original question post

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48933702

This data could be very valuable if we can figure out how to use it. Or, perhaps the data is worthless.