New investors, the statement "33% of today's volume was

New Post Public Reply Private Reply Replies (0) Message Board
sox0407
775
New investors, the statement "33% 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 2,246 shares. IMHO interpreting short volume as actual short sales is misleading. 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

MMs mark shares short temporarily to execute trades and they are almost always covered in the same day, therefore the actual short % is much lower than the # suggests. If the short volume indicates actual naked shorting, would the criminals be stupid enough to leave incriminating evidence in the FINRA file?

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: 1/12/2018
Current Short: 1,121,161
Previous Short: 1,119,374
Change: 1,787 (0.16%)
Average Daily Volume: 479,712
Days to Cover: 2.34

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 2,246 shares (0.0016% of the OS) were failure-to-deliver as of January 12.

20180112|45782D100|IPIX|2246|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

Helio Genomics Shakes Up Liver Cancer Detection Strategy

Updated Category News Views 5

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
Mastering Packaging Costs: Beyond the Box Price

Updated Category News Views 4

Peeling Back the Layers of Packaging Costs Packaging's a bit like an onion—every layer you peel back reveals another cost you didn’t see at first glance. Folks in the know, like Kyle Reger of Jamestown Container Companies, are flipping the script on how we approach packaging expenses. It's not just about snagging the cheapest box on the shelf anymore. There's a whole...

Continue Reading
Chianti Classico Showcases 2027 Vintages in Florence

Updated Category News Views 4

A Grand Reunion of the Black Rooster You're not just sipping wine at a garden party—you're diving into a historic event. Come March 1-2, 2027, Florence will again host the much-anticipated Chianti Classico Collection, uniting over 200 eager producers under the iconic vaults of Stazione Leopolda. This isn't just another stop on the wine circuit; it's a pilgrimage to the...

Continue Reading
BETR Faces Securities Fraud Actions Post-Misleading Statements

Updated Category News Views 3

Unpacking the Legal Drama Around BETR The tale of Better Home & Finance Holding Company (BETR) is like a roadside crash you can't help but stare at. We're talking big, ugly losses and a chance for investors who got roughed up to throw some punches back with a securities fraud class action. The legal honchos at Howard G. Smith's law office are rallying the troops. If...

Continue Reading
Greenberg Traurig Nabs Major Award for Sukuk Deal

Updated Category News Views 4

Legal brands winning awards might seem like just another day in the office, but when a firm like Greenberg Traurig snags the Impact Deal of the Year at the IFLR Middle East Awards, it deserves more than just a shrug. We're talking about a serious feather in the cap for their Capital Markets team, who played a key role in launching Binghatti's hefty USD 1.5 billion Sukuk...

Continue Reading
CellFiber Expands to Philly: Boosting US Biotech Scene

Updated Category News Views 5

CellFiber's Leap into 'Cellicon Valley' Folks, when the biotech winds start blowing, you better have your sails up. CellFiber Co., Ltd., a Tokyo-based innovator, has landed itself a comfy spot in the City of Brotherly Love. We're talking Philadelphia, folks, or, as it's dubbed in certain circles, 'Cellicon Valley.' Now if that's not a name that screams biotech pedigree, I...

Continue Reading
Strategic Move: Chimney Collective Teams with Four Winds

Updated Category News Views 5

A Partnership Fueled by Legacy and Growth In the world of brick, mortar, and flue, a big play just unfolded. Chimney Collective, flexing its investment muscle, has hitched its wagon to Four Winds Chimney, a company that's carved out quite a niche in New York's chimney scene. We're not talking about a corporate takeover here; this is about putting money where growth and...

Continue Reading
Elevest Unveils MADE: Shaping Wealth for Athletes, Artists

Updated Category News Views 4

Turning Talent Into Tangible Wealth Ask any musician or athlete, and they'll tell you—riding those career highs is exhilarating, but financial stability can be a different ballgame. Here comes Elevest Capital with a fresh move meant to set the players right where many falter: long-term ownership. They're rolling out MADE, a new initiative focused on flipping that burst...

Continue Reading
Toyland 2026: Blain's 'Open The Magic' Event Marks 69 Years

Updated Category News Views 5

There's something about nostalgia that hooks you right in the gut, like remembering those jittery walks through Blain's Farm & Fleet's Toyland aisles. If there's one thing these folks know, it's how to spark holiday cheer deep in the Midwest bones. Here we are, just before the dust settles on another year, and Blain's is rolling out its 69th Toyland party—a cherished...

Continue Reading
Navigating Career Growth Beyond Job Titles at Webinar

Updated Category News Views 5

Hasn't it ever struck you that job titles often fence people in like some unwanted corral, keeping potential tightly leashed? Well, here's something that might shake up your thoughts a tad. University of Phoenix is teeing up a webinar titled "Beyond The Job Title: Finding Purpose and Recognizing the Value You Bring." Scheduled for October 15, 2026, this is all about...

Continue Reading

Top 5 Most Recently Viewed Articles

Disguise Enhances Partnership with Aniplex for Demon Slayer Costumes

Updated Category News Views 141

Disguise Expands Licensing Agreement with Aniplex Disguise, Inc., the innovative costume division of renowned toy manufacturer JAKKS Pacific, Inc. (NASDAQ: JAKK), is thrilled to announce an expanded licensing agreement with Aniplex Inc. This collaboration centers around the immensely popular anime and manga franchise, Demon Slayer: Kimetsu no Yaiba. New Licensing Terms...

Continue Reading
Jay Atlas: A Decade of Activism and Hope on the Road

Updated Category News Views 479

Reflecting on a Decade of Activism Where do you feel you truly thrive? This thought-provoking question from a therapist leads Joshua “Jay” Atlas to ponder his life and the impact he’s made. As the Operation Manager for Bio-One Philly and a committed community advocate, he finds fulfillment in helping others, even while navigating his own challenges. Discovering...

Continue Reading
Investors Urged to Join Petco Class Action Against Securities Fraud

Updated Category News Views 168

Investors Encouraged to Take Action Against Petco's Securities Fraud Faruqi & Faruqi, LLP, a respected name in securities law, is currently reaching out to all investors who may have experienced monetary losses exceeding $100,000 with Petco Health and Wellness Company, Inc. (NASDAQ: WOOF). This is a significant opportunity for affected individuals to engage and seek...

Continue Reading
New Leadership Changes in KN Energies' Nomination Committee

Updated Category News Views 166

New Leadership Changes in KN Energies' Nomination Committee AB „KN Energies“ has recently made significant changes to its Remuneration and Nomination Committee, reflecting their commitment to strong governance and leadership. The Supervisory Council of the company has appointed a new member who will play a crucial role in guiding the company's executive decisions....

Continue Reading
Skye Bioscience Welcomes New Chairman Paul Grayson for Growth

Updated Category News Views 233

Skye Bioscience Welcomes New Leadership Skye Bioscience, Inc. (NASDAQ: SKYE), a forefront clinical-stage biopharmaceutical firm, has recently appointed Paul Grayson as the new Chairman of the Board. This significant change is aimed at reinforcing governance structures and enhancing oversight capabilities as the company navigates through its developmental phases. Paul...

Continue Reading