The Data Gap
In the US, official exchange-reported short interest is published only twice per month and is typically 8 to 12 days stale by the time it reaches the public. This delay leaves traders vulnerable to rapid shifts in sentiment that occur between reporting dates. Ortex addresses this by modeling short interest from securities-lending data, providing daily and intraday estimates for over 52,000 securities.
Why Real-Time Matters
By tracking metrics such as cost-to-borrow, utilization, and shares on loan, Ortex allows for the identification of 'squeeze risk' long before the official FINRA print. A stock with 22% short interest is a fundamentally different risk profile than one with 4%, and Ortex's ability to update these figures intraday provides a significant advantage for risk management and momentum trading.
Signal data sourced from Ortex. 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.