“In a “naked” short sale, the seller does no
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Posted On: 11/22/2017 1:54:25 PM
“In a “naked” short sale, the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period.[3] As a result, the seller fails to deliver securities to the buyer when delivery is due ( known as a “failure to deliver” or “fail” ).”
https://www.sec.gov/investor/pubs/regsho.htm
According to the SEC, only 25,662 shares were failure-to-deliver as of October 31. That's a measly 0.018% of the outstanding shares.
20171031|45782D100|IPIX|25662|INNOVATION PHARMACEU|0.79
https://www.sec.gov/data/foiadocsfailsdatahtm
https://www.sec.gov/investor/pubs/regsho.htm
According to the SEC, only 25,662 shares were failure-to-deliver as of October 31. That's a measly 0.018% of the outstanding shares.
20171031|45782D100|IPIX|25662|INNOVATION PHARMACEU|0.79
https://www.sec.gov/data/foiadocsfailsdatahtm
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