Pervasip Corp (PVSP)

[PennyStockYoda]

The only legit method of determining if a short position actually
exists is the bi-weekly report released by FINRA. Even then, it
does not give a share count of what is short. It only gives a number
that can be used to determine short interest.

Short interest is only a judgment call on the likely hood of a
short position.

It's difficult, if not impossible to determine actual short positions
on the OTC since MMs short daily on just about every OTC stock.
They only have to report positions that are short and FTD. The
daily short report is inaccurate, but can be used as a tool with
the bi-weekly report to give an indication of existing long(er)
term short positions.

For the most part, all OTC stocks are likely short day to day,
but finding one with a large short interest and constant daily
shorting is likely to have many open long(er) term short positions.

Also, OTC stocks are not mandatory 3 day cover stocks. MMs can short
and as long as they cover within the bi-weekly range of FINRAs
report, they never FTD.

Also, naked shorts are never reported. Bi-weekly or daily.