Replies to post #32674 on NoHo Inc (DRNK)

[Homebrew]

Short interest: https://www.otcmarkets.com/stock/DRNK/short-sales
Originates from FINRA: http://otce.finra.org/ESI
Otcm sometimes lags a day or 2 posting the most recent report.


I don't understand the question. Is that another "Click-Bait" site intentionally misrepresenting MM intra-day order processing as "shorts" ?

tough shortvolume.com volume colors is not same as charts on ihub how do you explain that?

[I-Glow]

Short volume is meaningless - it is short interest that you are looking for - using BS sites like shortvolume.com and OTCshortreport are worthless.

Those sites use FINRA Daily Reg SHO data, it is meaningless on it's own.

The Trade cycle is Trade Date plus 3 days for settlement, Daily Reg SHO only shows the Initial leg of each transaction and doesn't reconcile based upon settlements made seconds later as the trade has yet another 3 days to settle.

MMs do not "short" penny stocks. As part of making a market, they may have periodic short positions throughout a trading day if they fill buy orders for more shares than they have in inventory, but they also often have inventory when they fill sell orders. Having an inventory does not mean that they are going "long" any more than having a temporary net short position is "shorting." This kind of temporary short position is legal and necessary for efficient trading.

IG