5 ms·

If you look at the SEC data on FTDs, there have been a huge number of them for GME in the past year https://www.sec.gov/data/foiadocsfailsdatahtm https://www.se

If you look at the SEC data on FTDs, there have been a huge number of them for GME in the past year https://www.sec.gov/data/foiadocsfailsdatahtm https://www.sec.gov/data/foiadocsfailsdatahtm So that kind of points towards a possibility of naked shorts, if I understand correctly (although by itself it doesn't prove it's happening).

totalZero 6y ago
Dec 2020, second half: SETTLEMENT DATE|CUSIP|SYMBOL|QUANTITY(FAILS)|DESCRIPTION|PRICE 20201215|36467W109|GME|170655|GAMESTOP CORP (HLDG CO) CL A|12.72 Not very rich data. I wonder how much of that comes from market-makers versus hedge funds.
- aorth 6y ago
  Wait, by my own calculation it seems GME had way more shares failed to deliver than that. I count over *14 million* in December using the [two data files provided by the SEC](https://www.sec.gov/data/foiadocsfailsdatahtm https://www.sec.gov/data/foiadocsfailsdatahtm): $ cat cnsfails202012[ab].txt | csvgrep -d '|' -c SYMBOL -r '^GME$' | csvcut -c 'QUANTITY (FAILS)' | sed 1d | paste -sd+ | bc -l 14276093 How many of those are the same shares failing to be delivered multiple times? Lots I don't understand...
  - anaphor 6y ago
    The numbers you're looking at are aggregate data, so that includes past days I think, not just the given day. I think you have to subtract each number from the previous one. > The figure is not a daily amount of fails, but a combined figure that includes both new fails on the reporting day as well as existing fails
    - aorth 6y ago
      Ah yes, they are aggregate indeed. The sentence just before the one you quoted also says: > Fails to deliver on a given day are a cumulative number of all fails outstanding until that day, plus new fails that occur that day, less fails that settle that day. So the last day we have data for is December 31, 2020: SETTLEMENT DATE,CUSIP,SYMBOL,QUANTITY (FAILS),DESCRIPTION,PRICE 20201231,36467W109,GME,228358,GAMESTOP CORP (HLDG CO) CL A,19.26 As I understand it that means there were only 228358 shares failed to deliver at that point in time. This needs more analysis to understand how irregular it is compared to the other 12,000 symbols that had shares fail to deliver in December...

totalZero 6y ago

aorth 6y ago
Wait, by my own calculation it seems GME had way more shares failed to deliver than that. I count over *14 million* in December using the [two data files provided by the SEC](https://www.sec.gov/data/foiadocsfailsdatahtm https://www.sec.gov/data/foiadocsfailsdatahtm): $ cat cnsfails202012[ab].txt | csvgrep -d '|' -c SYMBOL -r '^GME$' | csvcut -c 'QUANTITY (FAILS)' | sed 1d | paste -sd+ | bc -l 14276093 How many of those are the same shares failing to be delivered multiple times? Lots I don't understand...
- anaphor 6y ago
  The numbers you're looking at are aggregate data, so that includes past days I think, not just the given day. I think you have to subtract each number from the previous one. > The figure is not a daily amount of fails, but a combined figure that includes both new fails on the reporting day as well as existing fails
  - aorth 6y ago
    Ah yes, they are aggregate indeed. The sentence just before the one you quoted also says: > Fails to deliver on a given day are a cumulative number of all fails outstanding until that day, plus new fails that occur that day, less fails that settle that day. So the last day we have data for is December 31, 2020: SETTLEMENT DATE,CUSIP,SYMBOL,QUANTITY (FAILS),DESCRIPTION,PRICE 20201231,36467W109,GME,228358,GAMESTOP CORP (HLDG CO) CL A,19.26 As I understand it that means there were only 228358 shares failed to deliver at that point in time. This needs more analysis to understand how irregular it is compared to the other 12,000 symbols that had shares fail to deliver in December...