New investors, the statement "31% of today's volume was

New Post Public Reply Private Reply Replies (1) Message Board
sox0407
254
New investors, the statement "31% of today's volume was short sales" wasn’t in the source file. The most recent short interest is < 1% of the OS and the most recent failure-to-deliver (naked short) # is a measly 5639 shares. IMHO interpreting short volume as actual short sales is incorrect. This is what FINRA, the exact same source which the #s are posted from, said.

"Thank you for contacting FINRA’s Office of the Ombudsman. Regarding your question, it would be incorrect to assume that short sales comprise 32% of the total volume on that trading day for IPIX . FINRA publishes the daily short sale volume pursuant to an SEC mandate; however, there are various trading anomalies that result in the reported short sale volume often being exaggerated. Thus, the true total short sales volume may be significantly lower than the volume that is reported. Third parties sometimes ignore this and try to claim the ratio is valid to further their own objectives."

https://investorshangout.com/post/view?id=4804282

You can also check out these two posts for some detailed explanations.

https://investorshangout.com/post/view?id=4670279

https://investorshangout.com/post/view?id=4816479

Here are the official short interest and failure-to-deliver data.

Settlement Date: 11/31/2017
Current Short: 1,129,343
Previous Short: 1,140,375
Change: -11,032 (-0.97%)
Average Daily Volume: 428,497
Days to Cover: 2.64

0.81% of the outstanding shares were short.

http://otce.finra.org/ESI

“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. 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 5639 shares (0.004% of the OS) were failure-to-deliver as of November 10.

20171110|45782D100|IPIX|5639|INNOVATION PHARMACEU|0.73

https://www.sec.gov/data/foiadocsfailsdatahtm

Innovation Pharmaceuticals Inc (IPIX) Stock Research Links

IPIX Board Company Profile Buy Rating Time & Sales News Filings Financials
Dont-give-up.jpg
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Icebox Takes on Buckhead with Diamonds and Discounts

Updated Category News Views 2

So, Atlanta's Icebox Diamonds & Watches just dropped a news bomb that could shake up anyone with a taste for glitz and a wallet ready to act. This iconic jeweler, swinging its roots from a humble family biz to a global gem, is opening up its vault with an Inventory Reduction Sale starting October 9. And folks, it’s happening right at their Buckhead flagship showroom....

Continue Reading
Webull Faces Legal Scrutiny Over Chinese Ties

Updated Category News Views 5

The Unfolding Drama for Webull Shareholders When you see a ticker like NASDAQ:BULL rolling off your tongue these days, it’s not just about stock prices anymore—it's a whole saga wrapped in legal and geopolitical spice. Following the recent uproar from a House China committee report, Webull found itself thrust into the spotlight for all the wrong reasons. That report...

Continue Reading
Aspen Dental Brings Comprehensive Care to Whiteville

Updated Category News Views 6

Bringing Dentistry Closer to Home Now, Whiteville's dental game just got a power-up, with Aspen Dental setting up shop in town. This isn't just another practice popping up—it's a full-on dental hub offering everything from regular cleanings to emergency tooth fixes. And let’s face it, this area's diverse population needs it. The Man Behind the Chair Guess who’s at...

Continue Reading
Ardelyx Securities Fraud Suit: Key Investor Moves

Updated Category News Views 5

Fraud Allegations: Ardelyx Under the Microscope Looks like Ardelyx has found itself neck-deep in trouble, facing a class action lawsuit over alleged securities fraud. This isn't just a storm in a teacup. We're talking about accusations of false and misleading statements tied to their commercial performance—statements that might have left investors holding the bag with...

Continue Reading
Helio Genomics Shakes Up Liver Cancer Detection Strategy

Updated Category News Views 1

Rethinking Liver Cancer Detection with HelioLiver Sometimes you stumble upon a tech piece that might genuinely shake up the game. Helio Genomics just poured some serious intel at the San Antonio Liver Cancer Symposium, showcasing how their HelioLiver Dx might outgun traditional scans in sniffing out hepatocellular carcinoma (HCC). They threw down four studies revealing...

Continue Reading
Boliden's Q3 2026 Results: What's on the Horizon?

Updated Category News Views 2

Boliden Ready to Reveal Q3 Numbers Mark it down, folks. Thursday, October 29, 2026, is the day when Boliden's big wigs will step up to the plate and lay their cards on the table about the company's performance over the last quarter. If you've got any skin in this mining powerhouse, you'll want a front-row seat—or at least a virtual one if you're dialing in from...

Continue Reading
Raken Debuts Change Orders: A Game-Changer for Builds

Updated Category News Views 4

Construction Gets a Streamlined Boost with Raken's New Tool In construction, chaos often partners seamlessly with progress. But Raken is stepping in to shake things up a bit. This isn’t just another run-of-the-mill software update; this is Raken flexing its muscles in the construction tech arena. They’ve rolled out Change Orders, enhancing their project management...

Continue Reading
PrideStaff: 8 Years Strong on Franchise Times Top 400

Updated Category News Views 4

Where PrideStaff Stands in the Franchise Landscape Here's something the staffing world can't ignore: PrideStaff nailed it again, landing among the giants on the Franchise Times Top 400 for the eighth straight year. Sitting at number 217, this ain't just a lucky streak—this is a sustained homerun, my friends. Consistency Is Key, And They're Holding It Consider this...

Continue Reading
Hexaware Teams with Anthropic for Game-Changing AI Move

Updated Category News Views 4

A Bold AI Partnership on the Horizon Mutual back-slapping or a deal with authentic grit? Hexaware’s latest tango with Anthropic might just be the jolt enterprises need. Announced under the flickering fluorescent lights of Mumbai, London, and Iselin, Hexaware’s multi-year partnership with Anthropic thrusts Claude, their razor-sharp AI, right into the mix of...

Continue Reading
Full Sail University Bags Billboard Music School Honor

Updated Category News Views 8

Full Sail Scores a Billboard Nod — What's the Big Deal? Alright, Full Sail University just snagged a spot on Billboard Magazine's 2026 Top Music Business Schools list. That's no small fry, folks. This Florida institution has been carving out a niche in the music business education scene with a hands-on learning approach that hits the nail right on the head. The Recipe...

Continue Reading

Top 5 Most Recently Viewed Articles

Expert Insights on High-Yield Energy Stocks Worth Watching

Updated Category News Views 142

High-Yield Dividend Stocks in the Energy Sector In today's fluctuating market environment, many investors are keen on dividend-yielding stocks. These stocks often belong to companies with robust cash flows that offer attractive returns to their shareholders through dividends. This article provides a closer look at three notable energy stocks that have gained attention due...

Continue Reading
Analyzing the Impacts of Tariff Exemptions on Currency Trends

Updated Category News Views 178

Understanding the Currency Fluctuations Following Tariff Exemptions The financial landscape has taken a significant turn as the US dollar continues to decline against its major competitors. This downturn persists despite recent announcements from the White House regarding tariff exemptions. Automakers in particular will benefit from the exemption of the 25% tariffs on...

Continue Reading
Advocates Demand Urgent Food Justice Measures Amid Rising Costs

Updated Category News Views 183

Urgent Appeal for Food Justice Action As grocery prices soar and food insecurity remains a pressing issue, advocates for food justice are calling for a strong response from government leaders. They emphasize the urgent need for a national strategy that directly tackles these critical challenges, aiming to remove obstacles that marginalized communities face. Stakeholders...

Continue Reading
NIU Technologies Reports Strong Q2 2025 Performance Growth

Updated Category News Views 271

NIU Technologies Reports Impressive Financial Results for Q2 2025 NIU Technologies, renowned as a leading provider of smart urban mobility solutions, has reported its unaudited financial results for the second quarter of 2025, marking an impressive advance in its revenue and profitability metrics. Significant Revenue Growth For the second quarter of 2025, NIU Technologies...

Continue Reading
Vera Bradley Updates Bylaws for Improved Governance Processes

Updated Category News Views 174

Alright, let’s slice into this juicy saga about Vera Bradley (NASDAQ: VRA), shall we? The company known for its chic leather products is in the news not just for its product lines but also for its newly minted bylaws. These aren’t just legal niceties; they’re a lifeline in navigating the murky waters of corporate governance. Governance Overhaul Recently, Vera...

Continue Reading