Replies to post #10625 on Sorrento Therapeutics Inc (SRNE)

[1776club]

The textbook book definition for a greater than 100% institutional ownership is

Because shares that are shorted are owned by more than one party (the original lender plus the purchaser on the other side of the short sale), institutional ownership can exceed 100%. If a share sold short is re-borrowed and sold again, short interest ratios can also exceed 100%.

https://learnonethingaday.wordpress.com/2010/03/27/institutional-ownership-100/