I'd like to see the SEC tell wallstreetcornerreport the same. They are putting USMJ at risk, IMO, with their orchestrated stock promotion and by claiming there is shorting. It is completely false and misleading info. I wonder where the disclaimer from wallstreetcornerreport is?
They are using the numbers published by FINRA on a daily basis. Those numbers are called short VOLUME. They do not reflect actual open short positions which is short INTEREST. FINRA publishes short INTEREST every two weeks on a two week delay. All that short VOLUME reflects is how a trade's first leg was executed (all trades have two legs). If a MM starts with a short sale it is usually covered immediately to complete the two legs of a long transaction. But since the first leg is all that is reported to the tape it gets marked as a short sale....but no short INTEREST or open short position is created.
Short VOLUME data is the most misunderstood and misrepresented information in the OTC. The company and likely related individuals behind Wallstreetcornerreport know the short VOLUME numbers are meaningless in the OTC but some people do fall for it and believe the stock is being shorted.
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