Replies to post #21136 on Renewal Fuels, Inc (RNWF)

[SevenTenEleven]

Slojab, the daily short numbers are the shares sold short on a given day. Of course they are the numbers which were intended to be shorted for that day. Otherwise, they would not be sold short. Whether or not those short shares are covered later in the day or not, is not disclosed by the report. The only gauge for estimating how much is carrying over, is based upon the percentage over 50% being shorted on a regular basis. Short interest reports are provided by FINRA twice per month. Whether or not the daily short volume and the bi-monthly short interest reflect one another, or whether market makers are accurately reporting is not for us to know for certain. Like I said, simple math dictates that anything aggregate over the course of a day, a week, or a month in excess of 50% leaves a aggregate short position accumulating. Until FINRA releases a public communication or a statement stating the daily short volume isn;t short volume at all, the report is simple accounting for each and every short share sold on any given day.

Based upon the new reporting of short exempt shares as well as total short sales for the day, I have yet to witness a short share sold that was exempt.

You will notice that many companies which were once heavy short sale tragets are no longer seeing those heavy short sales.

I wonder why? Why has "business as usual" and "shorts aren't really shorts" still being reflected in those daily numbers like they once were?

http://regsho.finra.org/DailyShortSaleVolumeFileLayout.pdf

[SevenTenEleven]

Straight from FINRA's site.

http://www.finra.org/Industry/Compliance/MarketTransparency/TRF/RegulationSHO/

The Daily Short Sale Volume Files provide aggregated volume by security on all short sale trades executed and reported to a FINRA reporting facility during normal market hours. The Monthly Short Sale Transaction Files provide detailed trade activity of all short sale trades reported to a consolidated tape.


http://regsho.finra.org/regsho-Index.html

http://regsho.finra.org/MonthlyShortSaleTransactionFileLayout.pdf

http://regsho.finra.org/DailyShortSaleVolumeFileLayout.pdf

Rmember back in May & June, 2010, RNWF was on the SHO list in violation of Rule 3210.

http://www.otcmarkets.com/stock/RNWF/short-sales

FINRA Rule 3210 defines threshold securities as any equity security of an issuer that is not an SEC reporting security and, for five consecutive settlement days, has:

* aggregate fails to deliver at a registered clearing agency of 10,000 shares or more; AND
* a reported last sale during normal market hours (9:30 a.m. to 4 p.m., ET) for the security on that settlement day that would value the aggregate fail to deliver position at $50,000 or more

http://www.otcmarkets.com/pink-sheets/marketActivity/reg-sho-otc