Monitoring Sustained Short Volume
According to recent data from Tapeboard, several equities are currently appearing on the FINRA threshold list, indicating sustained settlement-level short pressure. These stocks have maintained a daily short-volume ratio of over 50% for at least five consecutive trading days. This metric is a critical indicator of 'flow'—the daily pressure exerted by short sellers—rather than just open interest. By combining FINRA consolidated NMS short-volume files with borrow fee data from Interactive Brokers, analysts can identify stocks where short sellers are aggressively active on a daily basis, potentially signaling a buildup of larger, longer-term positions.
Key Takeaways
- Signal Type: Daily Short Volume (Flow)
- Criteria: >50% short volume ratio for 5+ consecutive days
- Data Source: FINRA Consolidated NMS / Tapeboard
- Insight: Identifies sustained daily short-selling pressure
The Bottom Line
Stocks appearing on the FINRA threshold list are experiencing significant, persistent short-selling flow, which often precedes broader shifts in market sentiment or potential squeeze setups.
Signal data sourced from Tapeboard. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.