Replies to post #71695 on Starfleet Innotech Inc (SFIO)

[work-n-hard]

That daily short report is pretty much useless. Here's a link that I like to pass along that explains it, without me having to type it every time. I confirmed that with OTC myself a few years ago.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=57101068

[WorkinGreen]

3,295,140 Volume
1,687,284 Short Volume
51.21 Short Volume today

[AlwaysRed]

Just FWIW. Daily short volume shown in
https://www.otcshortreport.com/company/SFIO
has nothing (or almost nothing) to do with Short Interest, which is the total number of open short positions of a security. It's just technical data that describes the trading procedures used by Money Makers. Most of these "shorts" are covered the same second/minute/hour. That's how MMs make money. "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." https://volumebot.com/why-short-volume-is-important/ .
Most of OTC investors don't have ability to short penny stocks. But for higher exchanges you can make similar trades. The most popular method is shorting "against the box" when you hold XYZ position and are bullish long term, but expect short term price correction.