Daily Short Volume Flow
According to FINRA Reg SHO daily short sale volume data for October 28, 2026, HSDT (Solana Co) exhibited an off-exchange short volume ratio of 91.0%. This metric represents the daily trading flow marked as short, which is distinct from open short interest.
Understanding the Signal
A 91% ratio is significantly elevated, sitting at +2.0 standard deviations above its recent average. While this high volume indicates heavy short-selling pressure during the session, it is important to note that this is flow data and includes market-maker hedging activity. It does not necessarily imply a long-term bearish conviction or an immediate short squeeze, but it does highlight that the stock was subject to intense short-side activity on the day of the report.
Signal data sourced from FINRA. 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.