As the short interest report as of Nov 15 is due
this Friday, I emailed the NasDaq about the short
positions of market makers and whether those were
included in the short report.
__________________________________________________________
To: isfeedback@nasdaq.com
Subject: your definition of 'Short Interest'
Gentlemen:
Your definition of short interest includes this phrase:
'Firms are required to report their short positions as of settlement
on the 15th of each month. A compilation is
published eight business days after.
It is not clear if the short position of Market Makers
is included in the short total reported. Could
you clarify this, please?
________________________________________________________
The answer is yes. All market participants are
instructed to report their short positions.
To calculate short interest in Nasdaq stocks, NASD member firms are
instructed to report to the NASDR TS-Customer Advocacy & Quality Management Department, on a monthly basis, their short positions, for all accounts, in shares, warrants, units, ADRs, and convertible preferreds resulting from short sales. Once the short position reports are received by the Product Deployment and Support Department, the short interest is then compiled for each Nasdaq security.
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