Philip Bennett Comment On Regulatory Notice 21-19
Shorting is common practice within the securities market and usually helps balance prices of securities relative to the value of the security & the speed at which they've grown. There is nothing wrong with shorting, however there is a huge problem when certain stocks and securities have over 100 percent of outstanding shares shorted. This is mathematically impossible with the only conclusion to this occurrence leading to more shares being borrowed than the entire amount of outstanding shares. This is where we need changes.