You are mixing different terminology, so I'm not sure that you even need data that you can't understand... You can see the real-time (daily) short volume data vs total volume data on the above chart. While short interest is simply the total number of shorted shares, which can be compared to the total number of shares issued that is static and doesn't change from day to day except for some corporate events.
You can see near real-time short fees & available shares from this site, some brokers provide this info that updates on the hour. GME https://www.shortablestocks.com/user/
That's the whole friggin problem bud. You can't. And its bs. Its been like this forever. They update short interest twice a month. It used to be once a month. I guess in their benevolence they decided to throw us a bone. Its complete bs. There's no reason that info should not be made available daily. And... (not you OP)... don't jump in here and tell me it can't be done. These friggin brokers etc have all that info. Gimmee a friggin break. If I short 200 shares of FB today and I don't flatten out by the EOD... that's pretty much "cut and dry" data. It can be logged. Every broker out there should be required to have the coding in place to aggregate that data across every stock and upload it nightly. This is not a leap in technology. Not even close. This is no different than anything else. Every broker... IB, TD, Schwab, Fidelity, E-Trade..... and a dozen others out there need to report short sales nightly. Period. I mean WTF?! The best info I can get is two weeks delayed, and THAT INFO IS FROM THE PRIOR TWO WEEKS?!!! And don't throw bs at me like "well there's shortsqueeze.com". Pffff. That info they compile is out there for free. I used to have the sites bookmarked for the Nasdaq and NYSE where its compiled, but it's worthless info. They tabulate sells of a stock. Its not the actual short sales, despite what these pay sites advertise. Here's the bottom line folks.... there is no transparency into this for a reason. A BIG REASON. It's because gaming the short positions on a stock, whether you are gaming it long OR you are gaming it short... is the biggest and most profitable scam on Wall Street. Do you think the elite are going to let that go with such an "arcane" concept as transparency. You're not gonna kill the golden goose folks. I'm not a pro, but I've been in this game for damn near 4 decades ok? I know wtf I'm talking about. Want a level playing field(?)... then demand transparency. Send this post to Elizabeth Warren... aka our beloved "Pokey". There's an easy fix for all of this. It's called transparency. If we had that, there never would have been 140% of GME shorted. Some smart cat on Reddit knew what a lot of us already know... difference is...he figured out a way to raise an army of buying power and crazy millenials to f the powers that be at their own game. Whoever he is.... mad props. Problem is, here come the knee-jerk reaction rules that will screw all of us. it never fails. And the real problem won't get fixed. You watch. -vz
All trading is simply information arbitrage. If you know something that someone else doesn't (or know it before they do) then you win. So I wonder whether you'd have an edge if full shorting information was available to everyone. Maybe no one would have an advantage and the playing field would be more fair, but also shorting behavior would change and might be more muted, and you still wouldn't make money. Keep in mind that all traders protect their own edge while seeking information on competitors. Business as usual, whether in trading or selling cookies.
I generally agree with your post, but I am having trouble understanding how you came to this conclusion. If the short interest was published EOD, how would the market be able to react to that? I could foresee some big player go short hunting, pumping the price up until the shorting party got margin called, finishing with the big player selling out. Alternatively, it would enable a bunch of other traders to jump on the bandwagon, following on some big news about a short that day. That would force short sellers to place all their trades at once, else word would get out too fast. It's not so obvious that publishing EOD short interest would result in it staying below 100%.
You have logic. You also speak the truth seems like. Good for you. The "cat" name is Roaring Kitty I think. He has a youtube channel. The problem is: A) Information is not distributed equally and B) Big collusion moves happen (classic price fixing).
Thanks for the link. Do you know the type of business relationship between owners of this site and the brokers that this data is recorded here and not else where? And what is the record delay for?
Well yeah, its not about someone "making more money", its about exactlty what you said... a level playing field. ____________________________________________________ _____________________________________________________ Lets use the KISS principal here for general discussion and round numbers. If company $ABC has 100MM shares outstanding and there are ten broker houses.... each one has 10 MM shares belonging to their buy and hold clients. Again... keeping it simple. If they have to report each night, you tell me how a particular broker somehow allowed (or a few of them) managed to lend out more shares than they currently have custodianship of. They can't. And that's exactly what happened here. And It happened because of the lack of transparency and because they knew damn well (or they thought they did), that GME is overvalued af and it would come back down.... and they would never get caught. Fudging the rules. And they were 100% right. I can hear them now... the same words they've said for 30 years... "It's a govt agency. A dumb one at that". But it didn't work out that way this time around. Not because of the agency... but because of the kid on WSB's. Ooops. Someone somewhere loaned out more shares than they held. That never would have happened had they known their bs had a daily paper trail attached to it. Someone needs to go to jail for this. Ok, so its white collar crime. At a minimum someone needs to be shut the f down; and with that send a message to the entire industry. 140% !!!! Its criminal, and it's complete bs. Period. Not a shot here.... but you lack a deeper understanding of the way these things work. And again, I don't mean that as a put down to you. I'm merely stating facts.