New investors, the statement "25% of today's volume was

New Post Public Reply Private Reply Replies (1) Message Board
sox0407
411
New investors, the statement "25% 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 17,390 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: 12/29/2017
Current Short: 1,119,374
Previous Short: 1,125,087
Change: -5,713 (-0.51%)
Average Daily Volume: 517,994
Days to Cover: 2.16

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 17,390 shares (0.012% of the OS) were failure-to-deliver as of December 27.

20171227|45782D100|IPIX|17390|INNOVATION PHARMACEU|0.70

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

Celebrating Appalachian Soul with Aristotle Jones

Updated Category News Views 5

Igniting a Celebration of Appalachian Soul Now here's a sound that hits you right in the gut. Aristotle Jones, known out there as the 'Appalachian Soul Man,' is making a big move. He's laying out the plan to make July the Appalachian Soul Month. This fellow isn't shy about celebrating the deep roots of Appalachian music, dropping his album Appalachian Soul Power and a new...

Continue Reading
Omneky Integrates AI Growth Agent With Slack for Ads

Updated Category News Views 3

Omneky's New Move: AI Growth Agent Meets Slack Picture this: You've got a marketing team hustling in the digital age, and now they've got a new ally. Omneky, the big-wig in autonomous AI growth, has snuck its AI Growth Agent right into Slack. This isn't just a party trick during Dreamforce week in San Francisco. This is Omneky throwing another cog into the advertising...

Continue Reading
American Savings Bank Surges 6% on NYSE Debut

Updated Category News Views 5

American Savings Bank Lands with a Bang on NYSE Who would have thought American Savings Bank's (NYSE: ASBH) entry onto the stock market would start with such gusto? It's not every day you see a debut that impressive, with shares soaring 6.25% right out of the gate. Guess it's safe to say the folks over at ASBH did something right in the lead-up to their NYSE launch. CEO...

Continue Reading
Bud Ecosystem Debuts AIOS, Aims to Slash Costs

Updated Category News Views 7

AI Fragmentation Tax: Cut It Out! Look, if you think AI is all about fancy algorithms and self-learning voodoo, you're missing the plot. It's the nuts and bolts—the infrastructure—that's been bleeding enterprises dry. That's where Bud Ecosystem comes thrashing in with its Novaria AIOS. They're not just promising a tiny tune-up; they're talking slashing AI costs by a...

Continue Reading
Airswift's Strategic Acquisition Boosts U.S. Energy Presence

Updated Category News Views 5

What's Driving Airswift's Latest Expansion? Airswift just dropped a bombshell by snapping up key businesses from New Tech Global (NTG), marking a serious power move in the U.S. energy sector. Now, what does this actually mean for investors? In blunt terms: they're muscling up their contractor base by a meaty 30%. That's no small feat. It's a calculated step to ace the...

Continue Reading
Linkind's Light Stick Revolutionizes Retail Lighting Experience

Updated Category News Views 5

Transforming Lighting in Retail Spaces Folks, let's talk lighting. Not the humdrum switch-you-on kind, but something much snazzier, more customized, and downright interactive. I'm talking about Linkind's latest brainchild—the Smart Light Stick. Launched amidst the neon rush of tm:rw in New York City, this gizmo isn't just another bulb in the home improvement aisle. It's...

Continue Reading
Guaranteed Roof Expands with EM Exteriors through LB Capital

Updated Category News Views 5

A Bold Move to Elevate Roofing Standards In a move that seems to jolt the roofing industry awake, Guaranteed Roof is taking the wraps off its new strategic partnership with LB Capital and EM Exteriors. Think of it as a power trio aiming to redefine what roofing solutions should mean in the Southeast. It’s the kind of news that makes you sit up and ask, why now and why...

Continue Reading
Beetles Gel Polish Unveils Vibrant Fall Nail Carnival

Updated Category News Views 6

Beetles Gel Polish Launches Fall Nail Carnival Here comes a new twist on fall fashion, and no, it ain’t your grandma's knitted sweater. We're talking nail polish—a vibrant, flashy ordeal brought to you by Beetles Gel Polish with their Fall Nail Carnival. They're rolling out this spectacle not just for your visions of grandeur nail ideas, but for those seeking deals...

Continue Reading
Chad Tucker's Sequel Explores Deep Spiritual Themes

Updated Category News Views 5

An Honest Take: Faith, Growth, and Surrender A player in the world of spiritual growth literature has stepped up again, and it ain't holding back. Chad Tucker, a name perhaps familiar to folks following transformation tales soaked with faith, has released a beefy sequel to his first hit: The Lord in Us: If You Can Love an Enemy, You Can Love Anyone. Well, now he's back...

Continue Reading
EnGenius Names Experienced VP to Boost Sales Growth

Updated Category News Views 3

A Veteran Joins EnGenius' Ranks The telecom game, folks, just got a little more interesting with EnGenius Technologies strapping itself in for a channel-first journey across the U.S. and Canada. They've placed a seasoned player, Rachel Saunders, into the cockpit as Vice President of Sales, North America. Her resume reads like a telecom scout's dream: 17 years in electric...

Continue Reading

Top 5 Most Recently Viewed Articles

Investing in Union Pacific: A 15-Year Journey of Growth

Updated Category News Views 239

Exploring Long-Term Investment Returns with Union Pacific Investing in the stock market can often yield surprising and rewarding results, especially when looking at a company like Union Pacific (NYSE: UNP). Over the past 15 years, Union Pacific has not only met investor expectations but has significantly exceeded them, showcasing impressive annualized returns. This...

Continue Reading
ACRES Commercial Realty Unveils Significant Dividend Announcements

Updated Category News Views 169

ACRES Commercial Realty Declares Cash Dividends ACRES Commercial Realty Corp. (NYSE: ACR) recently made an important announcement regarding cash dividends for its Preferred Stock. The Board of Directors has declared a cash dividend, enhancing the financial interest of shareholders in the Company. Details of the Preferred Stock Dividends The dividend for the 8.625%...

Continue Reading
Understanding Cigna's Short Selling Trends and Insights

Updated Category News Views 103

Examining Cigna's Short Interest Trends Cigna's short interest currently sits at 3.34 million shares sold short. This figure has decreased by 3.23% since the last report, which translates to roughly 1.2% of the total shares available for trading. Considering the current trading volume, traders would need about 3.22 days, on average, to cover these short positions. Why...

Continue Reading
Balentine and FJ Management: A Partnership for Growth

Updated Category News Views 282

Balentine Partners with FJ Management for Future Growth Balentine LLC, a wealth management firm based in Atlanta with additional offices in Raleigh, recently announced a strategic partnership with FJ Management (FJM). This partnership involves a significant investment of 20 percent from FJ Management and aims to secure future growth and stability for Balentine. Notably,...

Continue Reading
Motel 6 Empowers Musicians Through Exciting Songwriting Contest

Updated Category News Views 55

Motel 6 Launches a Songwriting Contest for Aspiring Musicians Motel 6, the popular budget hotel chain, is thrilled to present a fantastic opportunity for up-and-coming artists. This contest aims to uplift talented musicians who want to take their music on the road. Touring can be tough, filled with high costs and logistical hurdles, but this initiative is here to help...

Continue Reading