Short Selling Data Short Interest 0 (-100%) Jan 15, 2013 Significant Failures to Deliver No
The site you mention doesn't actually report shorts - it reports FTDs. Some helpful notes on the difference from the SEC on this situation, which often gets confused by beginners on the penny stock markets especially with POS stocks like KNSC:
"fail to deliver" (FTDs) occurs when a broker-dealer fails to deliver securities to the party on the other side of the transaction on settlement date. There are many justifiable reasons why broker-dealers do not or cannot deliver securities on settlement date. A broker-dealer may experience a problem that is either unanticipated or is out of its control, such as (1) delays in customers delivering their shares to a broker-dealer, (2) the inability to obtain borrowed shares in time for settlement, (3) issues related to the physical transfer of securities, or (4) the failure of a broker-dealer to receive shares it had purchased to fulfill its delivery obligations. Fails to deliver can result from both long and short sales."
And here's the official SEC explanation of why some people pretend that Reg SHO data represents short sales, when, as everybody who's been around the Penny stock markets for any time knows, that's simply not true:
"There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company's stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of naked short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company's poor financial situation rather than the reasons provided by the insiders or promoters."
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