As a relative newcomer to investing short interest seems to be a very complex subject to understand the situation regarding a company's share price and its analysis. Simple, accurate and timely information would help make a more informed decision on where to invest hard earned money. As such I feel information reported should be equally simple. Number of short positions opened, number of shares bought back to close short position, shares returned to lender. Daily reporting would be ideal. Also shares on loan should be reported and only a loaned share should be shorted. Also only a bought share should be used to close a short position. I.e. If a 1000 shares are borrowed only a 1000 should be shorted. There has been a lot of public comment on synthetic positions, naked shorting, married calls and puts, etc. This seems an abuse of the system which is damaging to investor confidence and companies ability to operate effectively. Thanks for reading
Liam Durrant Comment On Regulatory Notice 21-19
As a relative newcomer to investing short interest seems to be a very complex subject to understand the situation regarding a company's share price and its analysis. Simple, accurate and timely information would help make a more informed decision on where to invest hard earned money. As such I feel information reported should be equally simple. Number of short positions opened, number of shares bought back to close short position, shares returned to lender. Daily reporting would be ideal. Also shares on loan should be reported and only a loaned share should be shorted. Also only a bought share should be used to close a short position. I.e. If a 1000 shares are borrowed only a 1000 should be shorted. There has been a lot of public comment on synthetic positions, naked shorting, married calls and puts, etc. This seems an abuse of the system which is damaging to investor confidence and companies ability to operate effectively. Thanks for reading