Jul. 31 at 5:58 PM
$NXT I just checked the FINRA Daily Short Sale Volume files for the last few days, and although incomplete and tricky to identify precise short activity (because of the nature of the data), the data in these files is a good indicators of the level of daily short volume %, and unsurprisingly, it is skyrocket high for
$NXT for the last few days.
Daily short sale volume can be used sometimes as a way to accumulate a particular stock at a cheap price. Is it the case here? sounds like it to me, but please check for yourself on the FINRA web site. Any comments on that is welcome.
As always, always trust your own research.