Sino Agro Food Inc (fka SIAF)

[rr8548t]

No, that is not correct for the purpose of determining NET positions. The data set that you are looking at show the GROSS short sales:
http://ww.otcshortreport.com/index.php?index=SIAF#close

You need to understand how to interpret the data. The link that I provided earlier shows the relevant data for the purpose of determining the position to cover since it shows the NET position. This data is released bi-monthly:
http://www.otcmarkets.com/stock/SIAF/short-sales

This has been discussed several times on the message board.

Andrew26 posted earlier to explain that the daily short-sale numbers are gross amounts:

Right, its just number of shares sold as short. Not only it doesnt say anything about shares that were covered but imagine that one shorter could be selling shares to someone who is covering by it. Meaning you can have 200k daily volume, FINRA numbers comes with 200k shares sold as short... then you would say, hey they couldnt cover if all the volume was sold short. But make no mistake, some other short from days before could be a buyer of these shares meaning total shares shorted on the stock stayed the same while ALL of the shares sold were shorts. Thats why these FINRA numbers doesnt really tell anything of use.

This is the link to his original post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88628324