Replies to post #86453 on Starfleet Innotech Inc (SFIO)

[multivalue]

I thought OTC (esp. Pinks) were not shorted?

Can OTC stocks be shorted?
Although short selling is allowed on securities traded over-the-counter, it is not without potential problems. These stocks generally trade in low volumes. That makes them Illiquid. An investor trying to cover an unprofitable short position could get stuck.

https://www.investopedia.com › ask › answers › buy-over...

The pink sheets also disallow margins and short selling, which can be either positive or negative, depending on the investor's viewpoint. As a result of the aforementioned downsides, investors need to be cautious.

Using Caution When Trading Pink Sheets Stocks - https://www.investopedia.com › ... › Penny Stock Trading

Can you short stocks under $1?
Shorting stocks is done on margin, and for penny stocks, the margin requirements are steep. ... Interactive Brokers has a percentage requirement or $2.50 per share, whichever is more. If you're shorting stocks that are around $1, you're paying more in fees than you would be for the position.

Options for Short-Selling Penny Stocks - Budgeting the https://budgeting.thenest.com › options-shortselling-penn..

BTW - where do you see HEAVY% or shorting?

https://shortsqueeze.com/?symbol=sfio&submit=Short+Quote

[multivalue]

Also, you would have to have "Margin" turned on in your brokerage account for them to lend your shares.
It used to be that "Margin" was turned on by default but lately that is not the case with new accounts so less likely that "Shorts" are happening.

However, for everyone here, turn off "Margins" if you don't want your shares of anything in your account shorted.