Some info on shorts... If anyone has something
Post# of 32642
(Total Views: 472)
Posted On: 07/29/2021 9:12:56 AM
Some info on shorts...
If anyone has something to add, please feel free
This site as a nice graphical view...
https://www.marketbeat.com/stocks/NASDAQ/VERB...-interest/
I assume it comes from FINRA
"FINRA requires firms to report short interest positions in all customer and proprietary accounts in all equity securities twice a month . All short interest positions must be reported by 6 p.m. Eastern Time on the second business day after the reporting settlement date designated by FINRA."
Notice the 'value' of the short positions have gone up exponentially. Not surprising as the stock value went up too.
Current Short Volume 7,460,000 shares
Previous Short Volume 3,680,000 shares
Basically doubled...
Change Vs. Previous Month +102.72%
Short Percent of Float: 13.67%
Dollar Volume Sold Short: $23.87 million
The site the trade ballers like to show in their youtube videos and paid sites that can range from $5/mo upto $2500 for the whole privilege of being educated, is the Fintel site...
https://fintel.io/ss/us/verb
Funny they can't afford the $30/quarter to see the majority of the data but want to charge you for their vast knowledge
Even funnier is, do they know what they are looking at?
"This Notice provides information to assist market participants in understanding the short sale volume data published on FINRA’s website. FINRA is aware that some market participants, including investors, may occasionally perceive the percentage of short sale volume to be unusually high or inconsistent with reported short interest data . This perception may cause market participants to draw inaccurate conclusions about the level or nature of short selling activity in the relevant security. FINRA is issuing this Notice to further explain the published short sale volume data and provide several key points for market participants to consider when evaluating the data."
"First, as noted above, the data in the Short Sale Files includes only trades that are publicly disseminated and excludes trades that are not publicly disseminated. As a result, some offsetting buying activity related to reported short selling would not be reflected in the Daily File and may result in the appearance of a higher concentration of short sale to total volume ."
People that create YT videos or paid discussion groups, classes or whatever you call their shtick, may actually want to spend two minutes reading this FIRNA page that is linked off the Fintel site
https://www.finra.org/rules-guidance/notices/...ice-051019
While the daily FINRA Short Volume Ratio is interesting, it does not accurately reflect what is shorted.
Now the short borrow fee rate % and the shared available to short are interesting. High rate and low number of shares may indicate most of the chairs are taken
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It will be interesting to see what the last two weeks of July look like
Here's a link to the publish dates
https://www.finra.org/filing-reporting/regula...t-interest
If anyone has something to add, please feel free
This site as a nice graphical view...
https://www.marketbeat.com/stocks/NASDAQ/VERB...-interest/
I assume it comes from FINRA
"FINRA requires firms to report short interest positions in all customer and proprietary accounts in all equity securities twice a month . All short interest positions must be reported by 6 p.m. Eastern Time on the second business day after the reporting settlement date designated by FINRA."
Notice the 'value' of the short positions have gone up exponentially. Not surprising as the stock value went up too.
Current Short Volume 7,460,000 shares
Previous Short Volume 3,680,000 shares
Basically doubled...
Change Vs. Previous Month +102.72%
Short Percent of Float: 13.67%
Dollar Volume Sold Short: $23.87 million
The site the trade ballers like to show in their youtube videos and paid sites that can range from $5/mo upto $2500 for the whole privilege of being educated, is the Fintel site...
https://fintel.io/ss/us/verb
Funny they can't afford the $30/quarter to see the majority of the data but want to charge you for their vast knowledge
Even funnier is, do they know what they are looking at?
"This Notice provides information to assist market participants in understanding the short sale volume data published on FINRA’s website. FINRA is aware that some market participants, including investors, may occasionally perceive the percentage of short sale volume to be unusually high or inconsistent with reported short interest data . This perception may cause market participants to draw inaccurate conclusions about the level or nature of short selling activity in the relevant security. FINRA is issuing this Notice to further explain the published short sale volume data and provide several key points for market participants to consider when evaluating the data."
"First, as noted above, the data in the Short Sale Files includes only trades that are publicly disseminated and excludes trades that are not publicly disseminated. As a result, some offsetting buying activity related to reported short selling would not be reflected in the Daily File and may result in the appearance of a higher concentration of short sale to total volume ."
People that create YT videos or paid discussion groups, classes or whatever you call their shtick, may actually want to spend two minutes reading this FIRNA page that is linked off the Fintel site
https://www.finra.org/rules-guidance/notices/...ice-051019
While the daily FINRA Short Volume Ratio is interesting, it does not accurately reflect what is shorted.
Now the short borrow fee rate % and the shared available to short are interesting. High rate and low number of shares may indicate most of the chairs are taken
It will be interesting to see what the last two weeks of July look like
Here's a link to the publish dates
https://www.finra.org/filing-reporting/regula...t-interest
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