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TooFrank

12/10/18 6:03 PM

#7263 RE: nwsun #7259

Daily short is volume not short positions. Daily short volume, as reported by FINRA, is very misunderstood. Most people think daily short volume is just that — the volume that bearish investors put on to add to their short positions. A short glance at the change for total short positions reported bimonthly to the NASDAQ debunks that belief. Short volume isn’t the same as short interest.

In truth, much of the short volume is due to market makers selling into the market a few fractions of a second/minute/hour before they close their position by executing a broker order. Due to the fact that market makers cover many of their positions seconds later, much of the short volume isn’t necessarily an indication of useful bearishness. The fact that a market maker is willing to sell and cover seconds later doesn’t do an investor holding the stock for the long term any good.

https://volumebot.com/why-short-volume-is-important/
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Homebrew

12/10/18 7:13 PM

#7287 RE: nwsun #7259

Daily short "Volume"s meaningless intra-day MM order processing volume. MMs often borrow shares very briefly as part of their job to quickly process orders during the day.

Short "Interest" is the open borrowed shares needing to be bought back at some point in the future.
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Market_Stalker

12/11/18 12:47 AM

#7333 RE: nwsun #7259

My guess is that it’ll head north after touching the .012s.