Zagg- Mandatory close out. Keep on sucking exhaust fumes hedgefund.
Reg SHO Threshold Flag1 Subject to the requirements of SEC Rule 203 of Regulation SHO
Where there is an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency totaling 10,000 shares or more and equal to at least 0.5% of the issuer’s total shares outstanding.
When this occurs, the security becomes subject to mandatory close-out requirements outlined in the SEC's Regulation SHO.
The allowed values are:
Y = Yes, if the issue is subject to mandatory close-out requirements of Regulation SHO
N = No, if the issue is NOT subject to mandatory close-out requirements of Regulation SHO
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