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Corundum

04/26/21 6:03 PM

#28509 RE: The Other Guy #28461

Why short volume doesn't equal short interest -- from the horse's mouth (FINRA):

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

Key quote: "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."

The article explains all the reasons why short volume is mostly useless information. Enjoy!