Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

3:59 PM EST

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To: blankmind who wrote (27062)	12/8/1997 9:47:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 61433

short interset can only be obtained once a month - from nasdaq rules: Firms are required to report their short positions as of settlement on the 15th of each month, or the preceding business day if the 15th is not a business day. The reports must be filed by the second business day after the reporting settlement date. The Product Deployment and Support area compiles the short interest data and provides it for publication on the 8th business day after the reporting settlement date. Blankmind, The rules you posted are correct. The part that bothers me is that firms have the simple ability to report short interest daily if they so desire. All short positions are in type 3 so calculating that each night can be done autmatically. The firms are not required to make such a report dail and thus, do not bother. It would be nice if they bothered. I suspect they calculate it for themselves. Glenn

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