VirTra Inc (VTSI)

[dlewisfl]

Why do these shares necessarily represent shorting transactions at all? Couldn't there be other reasons why the securities weren't delivered?

You mean like the mail was late? LOL!

The list represents the SELLER who must deliver the shares within a certain amount of time. If the seller has the shares (either owns them or borrows them for legitimate shorting), it should be no problem to deliver them, unless there is some sort of computer malfunction. If the seller is naked shorting, they do not have shares to deliver; that's USUALLY what shows up on this list, sellers shorting without having the shares to borrow.

Financing is significant when it comes to naked shorting. Does a company have CD's ("death spiral") where a creditor would benefit from a lower PPS? Not sure that is the case here, I need to look at the financials again.

Also, someone looking to put VTSI out of business by lowering their PPS so they can't sell enough shares for needed $$$ when revenues are lacking is another possibility.

Or some combination of the two....