That short report only logs Market Marker naked shorts that are required to create an orderly market with uninterrupted liquidity. No one retail is shorting a sub-penny.
To begin with only 2 brokerages I know of allow shorting pennies & each require a "Portfolio Margin" account with a minimum $100K balance.
In addition, in order to short a penny stock the broker requires $2.50 PER SHARE as collateral.
This means one would need to put up like $5 million in an attempt to make $5k, all the while risking unlimited losses. No one on their right mind would do that. ;-)
Past experiences with OTCs tells me that number is typically new shares hitting market. Go ahead and follow the pattern with other tickers. The court settlement agreement in march said Tarbon would be given free trading shares until 1.7 million is settled, the traunches of shares given at one time can not be more than 10% of all shares. Hence the R/S and the share increase.
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