New investors, the statement "42% of today's volume was

New Post Public Reply Private Reply Replies (1) Message Board
sox0407
293
New investors, the statement "42% 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 19,585 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

If the credibility of the ombudsman is questioned, the validity of the daily #s should be questioned as well because they are both from FINRA. How can the daily #s be credible if the source (MMs) who provided the data are colluded?

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: 12/15/2017
Current Short: 1,125,087
Previous Short: 1,129,343
Change: -4,256 (-0.38%)
Average Daily Volume: 1,046,247
Days to Cover: 1.08

0.80% 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 two-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 19,585 shares (0.014% of the OS) were failure-to-deliver as of November 30.

20171130|45782D100|IPIX|19585|INNOVATION PHARMACEU|0.71

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

Testing Grounds: Navigating PRN Test Insights

Updated Category News Views 0

Deciphering the PRN Tester Repetition Today we're staring at what feels like déjà vu—a simple PR test peppered with the classic sentence about a fox and a dog. It's like someone left the 'repeat' function stuck on during a slow day at the office. But hey, let’s dig in. Is there something more behind this repetitive text, or are we grumbling at a wall? Unpacking the...

Continue Reading
TCL CSOT Dazzles IFA 2026 with Future Display Tech

Updated Category News Views 6

Breaking Ground in Display Technology Picture this: the bustling halls of IFA 2026 in Berlin, teeming with tech enthusiasts and industry leaders. Today marks the start of the grand event where TCL CSOT steps into the spotlight, unveiling a stunning array of next-gen display technologies under the APEX brand. This isn't just another tech show-and-tell; it's TCL’s bold...

Continue Reading
GoDaddy Faces Class Action: Investor Stakes High

Updated Category News Views 3

GoDaddy's Legal Turbulence: What's at Stake? Sometimes riding the stock wave can hit unexpected snags, and that's what's up with GoDaddy right now. They're stuck in the middle of a securities deception storm that's sending shivers down the spine of many an investor. The Class Action Lawsuit's Core Here's what you need to know: GoDaddy, with its ticker NYSE:GDDY, is...

Continue Reading
Powder River Crude's Open Season: Strategic Move

Updated Category News Views 1

Powder River Crude Services Drives Into Wyoming Every now and then, a player's got to lay down their cards early, and Powder River Crude Services is doing just that with their open season announcement. Anyone keeping an eye on the crude oil transport game will want to watch how this proposed pipeline project unfolds. Slated to stretch from Converse County to Douglas,...

Continue Reading
Papa John's Faces Securities Class Action Over Missteps

Updated Category News Views 3

Papa John's Stock Takes a Nosedive Here's a hot potato for you—Papa John's International, Inc. (NASDAQ: PZZA) just got slapped with a securities class action. This ain't a pie you want a slice of, not after the dough they lost in a day's trading frenzy. On August 6, our friends at Papa John's sent their investors scrambling as their stock tumbled from $29.75 to a stark...

Continue Reading
Postal Service Defends New Rule Amid Speculation

Updated Category News Views 3

USPS Navigates Election Mail Controversies The U.S. Postal Service has found itself in the eye of a political storm, thanks to the latest Federal Ballot Mail Rule. Led by Postmaster General David Steiner, the USPS is setting the record straight amidst swirling misinformation and skepticism about its recent actions. This is not just a postal service under scrutiny—it's a...

Continue Reading
PITAKA Redefines Tech Style With Berlin Launch Event

Updated Category News Views 1

Setting the Stage for Innovation Ah, Berlin in September—a city that’s hardly shy of showcasing avant-garde moves. And this time, we’re not talking about some cryptic art installation or underground techno rave. Nope, it's PITAKA making waves, transforming an edgy display at The Feuerle Collection. You see, on September 5, they unveiled their 'Wind Over Wheat'...

Continue Reading
Western Computer Reaps Microsoft AI Honor: Impact & Insights

Updated Category News Views 5

Western Computer Racks Up Another Microsoft Gong Alright, put down your coffee and listen up. When a company like Western Computer snags recognition from Microsoft a third time, they're not just ringing their own bell—they're practically sounding a bugle. Microsoft threw them into their AI Business Solutions Inner Circle for 2026/2027. That’s the gold club membership...

Continue Reading
Datavault AI Sued: Investor Rights and Implications

Updated Category News Views 8

Datavault AI in Hot Water: What Happened? When you've been watching markets as long as I have, you learn to spot trouble quicker than a cat on a hot tin roof. Datavault AI Inc., or DVLT as they’re known on NASDAQ, is feeling the heat after some revelations that could peel the paint off a wall. They're under the microscope for allegedly misleading investors about their...

Continue Reading
CHiQ Secures AI Award, Elevates Smart Home Living

Updated Category News Views 1

CHiQ's Big Win in the AI Game In a world where technology rarely stops spinning, CHiQ has carved its own commendable niche. Snagging the AI Home Ecosystem Brand Award at IFA 2026 in Berlin, the brand's knack for pioneering AI tech isn't just a footnote—it's the whole story. The award—enough to make your competitors green with envy—highlights how far they've come in...

Continue Reading

Top 5 Most Recently Viewed Articles

AstroTurf's Groundbreaking GT-B System: Transforming Athletics

Updated Category News Views 88

AstroTurf's Groundbreaking GT-B System Impacts Athletics AstroTurf continues to make waves in the world of synthetic turf with its innovative RootZone® GT-B. Boasting USDA approval, this turf system is reshaping how athletic facilities operate, promoting sustainability while ensuring unmatched performance. This year alone, AstroTurf has seen more than 2 million square...

Continue Reading
Siili Solutions Shares: A Strategic Buyback Approach

Updated Category News Views 136

Siili Solutions' Strategic Share Repurchase Initiative Siili Solutions Plc is making significant strides in enhancing its shareholder value through a recent share repurchase program. This initiative illustrates not only the company's commitment to its investors but also a strong confidence in its own market position. The decision to repurchase shares is part of a larger...

Continue Reading
Investor Alert: Dave Inc. Faces Class Action Investigation

Updated Category News Views 270

Understanding the Current Situation of Dave Inc. Recently, there has been a growing concern among shareholders of Dave Inc. (NASDAQ: DAVE) regarding potential misleading information disseminated by the company. This has prompted Rosen Law Firm, a respected advocate for investor rights, to initiate an investigation aimed at uncovering possible securities claims. As this...

Continue Reading
Significant Stake Reduction in Trump Media & Technology

Updated Category News Views 180

United Atlantic Ventures made headlines by drastically cutting its stake in Trump Media & Technology back in 2024. This isn’t just a casual shift; it came right after the expiration of selling restrictions that had kept major shareholders like United Atlantic locked up. Let’s break down what this means for everyone involved. Stake Reduction: What’s the Real Impact?...

Continue Reading
Analysts Shift Ratings: Bullish Sentiments for Select Stocks

Updated Category News Views 122

Recent Analyst Upgrades and Changes in Ratings In a dynamic market landscape, analysts frequently reassess their perspectives on various public companies. Recently, several renown analysts across Wall Street have altered their ratings on a selection of companies that have attracted significant interest from investors. Here's a closer look at five noteworthy upgrades that...

Continue Reading