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toncatmad

08/29/20 7:34 PM

#145199 RE: gimmee greenbacks #145195

Wow all that and the numbers you posted are still total BS!!
FINRA is the only legit “short interest” numbers


https://otce.finra.org/otce/equityShortInterest

TenKay

08/29/20 9:06 PM

#145205 RE: gimmee greenbacks #145195

Short VOLUME is meaningless in the OTC. Why? Because MM do not keep inventory of OTC stocks and can execute LONG trades using riskless principle which marks the trade short...even though it was a long transaction with NO resulting short interest.

This OTCSHORTREPORT nonsense has gotten so bad both OTC Markets AND FINRA decided to discuss why short volume tells you nothing about actual short interest on a stock.

https://www.finra.org/rules-guidance/notices/information-notice-051019

https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/

FINRA believes that the following three key points about the short sale volume data may help market participants better understand and draw informed conclusions about the data. As discussed below, the data: (1) does not include any trades that are not publicly disseminated, (2) is not consolidated with exchange data, and (3) does not—and is not intended to—equate to short interest position information.


But promoter run websites like OTCSHORTREPORT take advantage of OTC “investor” ignorance about the difference between short INTEREST and short VOLUME...many getting the two confused because they both contain the word “short”.

And lastly..a “naked short” will show up as a failure to deliver.

VYST has NO delivery issues.