GSDT Fintech Group Inc. (GSDT)

[Steady_T]

I'm pretty sure that there were not 3,100,000 FTD shares.

Finra reported that many as short sales.

The normal amount of reported short sales for most stocks is an average of 30%.

That does not represent actual shares that were sold short by the end of the day as many people think.

There are days where the MM's do sell a large percentage of the volume as naked shorts on their books. Typically that gets covered in a few days.

If you look into how that short sales percentage is calculated there are a lot of things that get counted as short, that you and I would not consider as a short sale into the market.