if i can get my dyslexic brain to work ..
Friday was the settlement date for the next round of *legal* ..
2018 Short Interest Reporting Dates
Settlement Date Due Date1 Exchange Receipt Date
June 29
Friday July 3 – 6 p.m.
Tuesday July 11
Wednesday
http://www.finra.org/industry/short-interest/...-due-dates
so with T+2 .. i think the last day of *trades* would be the 27th .. i keep meaning to confirm with Finra that it's the day of the trades + 2 (so trades on the 27th .. last Wed .. would settle on the 29th) .. vs the date of (27th being 1 and the 2nd day being the settlement date .. i.e. 28th)
so to give you an idea of last week's daily volume .. it may explain the *lower* than avg *volume* done on Tues/Wed .. as always i look forward to seeing how next round of *legal* is marked (due out AH's on 7.11.18)
4kids
Friday was the settlement date for the next round of *legal* ..
2018 Short Interest Reporting Dates
Settlement Date Due Date1 Exchange Receipt Date
June 29
Friday July 3 – 6 p.m.
Tuesday July 11
Wednesday
http://www.finra.org/industry/short-interest/...-due-dates
so with T+2 .. i think the last day of *trades* would be the 27th .. i keep meaning to confirm with Finra that it's the day of the trades + 2 (so trades on the 27th .. last Wed .. would settle on the 29th) .. vs the date of (27th being 1 and the 2nd day being the settlement date .. i.e. 28th)
so to give you an idea of last week's daily volume .. it may explain the *lower* than avg *volume* done on Tues/Wed .. as always i look forward to seeing how next round of *legal* is marked (due out AH's on 7.11.18)
Jun 29, 2018 0.34 0.59 0.34 0.59 0.59 1,385,800
Jun 28, 2018 0.40 0.43 0.35 0.38 0.38 412,900
Jun 27, 2018 0.38 0.50 0.38 0.45 0.45 91,900
Jun 26, 2018 0.38 0.38 0.36 0.38 0.38 69,800
Jun 25, 2018 0.39 0.41 0.35 0.38 0.38 136,200
4kids
Quote:
So, they are trading for nickels and dimes again. I had wondered whether they would short again from higher levels -- it seems that the answer is yes.
In the meantime -- think about this --
Question for 4kids -- was Friday the record date for the twice-monthly legal short number?
if so, if someone was short a huge amount of stock, and then covered on Friday, it would make the legal short interest appear much smaller than it actually was (because the positions were closed out before they would be reported). And then, they could re-short today. Hmmmm.
2
