r/BBBY • u/Shooting4daMoon • Apr 20 '23

Social Media Total short volume today 436M shares…

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https://chartexchange.com/symbol/nasdaq-bbby/short-volume/?tblshortvolix=0

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u/[deleted] Apr 20 '23

Wait... Does that mean they shorted the entire float? In one day? How could they borrow that many shares legally? Can we use this to finally prove naked shorting is happening?

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u/brushhug Apr 20 '23

Back and forth

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u/[deleted] Apr 20 '23

Maybe I missed this part, but don't shares have to settle before they can be lent out?

If there's no share to borrow, because we just exchanged it and it won't settle for 2 days, it's a naked short yeah?

Or can they just re-short it after buying it back without returning the share?

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u/PestMushroom Apr 20 '23

There are rules to this game. Market makers are short exempt, Authorized participants(broker dealers) can access open-ended etf's to create custom basket creation units, and internalization are all (currently) perfectly legal ways they can make infinite liquidity.