Replies to post #244320 on 1812 Brewing Company Inc (KEGS)

[rbtree]

Keep posting that damn nonsense and further illustrate how much of a fool you are.

https://www.finra.org/investors/insights/short-interest

What Short Interest Is Not
In addition to short interest data, FINRA also publishes short sale volume data. The daily short sale volume data provides aggregated volume by security for all off-exchange short sale trades. This data excludes any trading activity that is not publicly disseminated and is not consolidated with exchange data.

Some market participants mistakenly conclude that the bimonthly short interest data is understated because the Short Sale Volume Daily File reflects volume that is much larger than the positions reported as short interest. However, short interest position data does not—and is not intended to—equate to the daily short sale volume data posted on FINRA’s website.

The short interest data is just a snapshot that reflects short positions held by brokerage firms at a specific moment in time on two discrete days each month. The Short Sale Volume Daily File reflects the aggregate volume of trades within certain parameters executed as short sales on individual trade dates. Therefore, while the two data sets are related in that short sale volume activity may ultimately result in a reportable short interest position, they are not the same.

Why short volume is NOT NSS: Only the first leg of a trade is recorded. So, if the MM executing a trade request has no shares in inventory, "he" makes the trade by going short. In 99.9% of transactions, a closing long trade is made---but the trade is marked short