The Finra numbers dont lie - mwab52
no they don't, unfortunately the FINRA daily numbers are often mis-understood and mis-represented. the fact is they do not represent actual short positions. - alien42
No one claims that the daily numbers are "short interest". What they are pointing out, is that 90% of the daily volume was shorted (nearly 2B shares worth), which inevitably leaves a short interest position.
Since the bimonthly short interest numbers are often under reported and under inclusive for OTC (per FINRA), it isn't surprising that the aggregate short volume wasn't translating into bimonthly short interest.
The other surprising fact is that the bimonthly short interest numbers ceased to be reported after the last 8-K by the company.
Very strange indeed!
I am sure FINRA will get down to the bottom of it.
Shareholders ARE following up with the SEC, FINRA, and the department of the Treasury.
Good Luck!
Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations. Always force abusive short sellers to cover above what you paid. Build wealth for fellow iHub'ers!