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Re: qtipjoe post# 7511

Wednesday, 04/04/2012 9:06:35 AM

Wednesday, April 04, 2012 9:06:35 AM

Post# of 20680
"Finra report came out and all were shorted."

Right, but reported intraday "short volume" does not mean "short interest." This has been explained in detail by FINRA, and many times elsewhere on IHub. If I put in an order to sell 100,000 shares of XXXX and the order is filled by a MM in several smaller pieces, each of those trades will be reported as "short volume" because my 100,000 shares won't be journaled over (to "cover the MM's short") until the order is completed or the end of the day, whichever comes first.

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