You'd think FINRA short sale data ought to stay fa
Post# of 72440
It shouldn't be varying from the low 20% to low 50% range. So there is some data to be teased out of there -- we just don't have a handle on it yet.
I do not believe that there is new shorting going on now -- hence the much lower percentage of short sales, perhaps? Could it be that the "normal" market-maker related shorting is somewhere around 15-25%, and what we see above that is complexly related to actual shorting, and also related to volume? (In a fast market, maybe market makers really DO need to temporarily short more?)
I'm really annoyed by this whole FINRA thing because we ought to be able to spot a pattern in it -- but the above is just a guess based on what seems to be the pattern recently. We know that humans have "pattern bias" and tend to see patterns where none exist, or wrong patterns, so..... arrgh.