The short volume reported to FINRA is about as tru
Post# of 72440
Equity Short Interest
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FINRA Rule 4560 requires FINRA member firms to report their short positions in all over-the-counter (“OTC”) equity securities to FINRA. OTC equity short interest is available for view by issue, or by downloadable pipe-delimited text file containing all OTC equity securities reported with a short position. Data is available online for one rolling year based on the settlement date provided in the Short Interest Reporting Deadlines and archived data is available via download.
Please refer to the Short Interest Reporting Deadlines for the current reporting schedule. Additional information relating to short interest reporting can be found here.
Short Interest DataShort Interest Data Information
Issue
ipix
Settlement Date
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Settlement Date
Issue Name
Symbol
Market
Current Short
Previous Short
Chg
% Change from Prev
Avg Daily Vol
Days to Cover
06/29/2018 Innovation Pharmaceuticals Inc IPIX Other OTC 1,338,448 1,137,361 201,087 17.68 723,844 1.85
SEE ABOVE (723,844)
as reported by your sacred MM's.You are placing your faith in a den of thieves so if you also believe in the "tooth fairy",I wouldn't be at all surprised either.
We have only seen a couple of days where the daily volume was anywhere near their reported "723,844" reported volume.The rest of the time we were lucky to hit between 150K and 250K.724K Average Daily Volume is BULLSHIT and you KNOW IT and so do WE.That makes YOUR SHORT FIGURES EQUALLY SUSPECT.
SO,,,STOP USING FINRA AT YOUR CONVENIENCE,,,IT's F.O.S.
Kelt