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Thursday, July 11, 2013 7:55:48 AM
The conversion of CD has absolutely not stopped, and these after hours trades are MM settling up trades, which could include short covering shares being collected during normal trading hours and settled after hours with client.
23% Shorted yesterday which was 3.2m shares of 14m total traded. Then the after hours 2.8m which was nearly the daily shares that were reported as short.
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