Understanding Short Flow vs. Open Interest
For the ticker SEC, market participants must distinguish between daily short sale volume—which represents the flow of shares marked short during a single trading session—and the official short interest, which is a snapshot of open positions reported twice monthly. Current data indicates that while borrow fee rates are monitored intraday, the lack of significant short interest spikes suggests a relatively stable bearish outlook. Analysts should utilize FINRA Reg SHO daily files to track short volume pressure, as this provides a more immediate view of intraday selling activity compared to the bi-monthly reports. Always cross-reference these figures with borrow availability to gauge the true cost of maintaining a short position.
Signal data sourced from Fintel. 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.