OTC Equity Short Interest

Overview

NASD Rule 3360 has been expanded to require FINRA member firms to report their short positions on all over-the-counter (“OTC”) equity securities to FINRA effective July 3, 2006. Once the short position reports are received, the short interest is then compiled for each OTC security.

Effective September 7, 2007, Rule 3360 was changed to require firms to increase the frequency of short interest reporting from monthly to semi-monthly cycles. Please refer to the Short Interest Reporting Deadlines for the current reporting schedule.

The mid-month short interest report is based on short positions held by members on the settlement date of the 15th of each month. If the 15th falls on a weekend or another non-settlement date, the designated settlement date will be the previous business day on which transactions settled. The end-of-month short interest report is based on short positions held on the last business day of the month on which transactions settle. The reports must be filed by the second business day after the reporting settlement date. The short interest data is compiled and provided for publication on the 8th business day after the reporting settlement date.

Pricing and publication restrictions are under consideration.

Publication Schedule

Semi-monthly short interest information will be available on this site after 4 pm ET on the Media Date.

Publication Schedule.

	Settlement Date	Due Date	Media Date
January	01/13/2012 01/31/2012	01/18/2012 02/02/2012	01/25/2012 02/09/2012
February	02/15/2012 02/29/2012	02/17/2012 03/02/2012	02/27/2012 03/09/2012
March	03/15/2012 03/30/2012	03/19/2012 04/03/2012	03/26/2012 04/11/2012
April	04/13/2012 04/30/2012	04/17/2012 05/02/2012	04/24/2012 05/09/2012
May	05/15/2012 05/31/2012	05/17/2012 06/04/2012	05/24/2012 06/11/2012
June	06/15/2012 06/29/2012	06/19/2012 07/03/2012	06/26/2012 07/11/2012
July	07/13/2012 07/31/2012	07/17/2012 08/02/2012	07/24/2012 08/09/2012
August	08/15/2012 08/31/2012	08/17/2012 09/05/2012	08/24/2012 09/12/2012
September	09/14/2012 09/28/2012	09/18/2012 10/02/2012	09/25/2012 10/09/2012
October	10/15/2012 10/31/2012	10/17/2012 11/02/2012	10/24/2012 11/09/2012
November	11/15/2012 11/30/2012	11/19/2012 12/04/2012	11/27/2012 12/11/2012
December	12/14/2012 12/31/2012	12/18/2012 01/03/2013	12/26/2012 01/10/2013
January	01/15/2013	01/17/2013	01/25/2013

Publication Schedule.

	Settlement Date	Due Date	Media Date
January	01/14/2011 01/31/2011	01/19/2011 02/02/2011	01/26/2011 02/09/2011
February	02/15/2011 02/28/2011	02/17/2011 03/02/2011	02/25/2011 03/09/2011
March	03/15/2011 03/31/2011	03/17/2011 04/04/2011	03/24/2011 04/11/2011
April	04/15/2011 04/29/2011	04/19/2011 05/03/2011	04/26/2011 05/10/2011
May	05/13/2011 05/31/2011	05/17/2011 06/02/2011	05/24/2011 06/09/2011
June	06/15/2011 06/30/2011	06/17/2011 07/05/2011	06/24/2011 07/12/2011
July	07/15/2011 07/29/2011	07/19/2011 08/02/2011	07/26/2011 08/09/2011
August	08/15/2011 08/31/2011	08/17/2011 09/02/2011	08/24/2011 09/12/2011
September	09/15/2011 09/30/2011	09/19/2011 10/04/2011	09/26/2011 10/11/2011
October	10/14/2011 10/31/2011	10/18/2011 11/02/2011	10/25/2011 11/09/2011
November	11/15/2011 11/30/2011	11/17/2011 12/02/2011	11/25/2011 12/09/2011
December	12/15/2011 12/30/2011	12/19/2011 01/04/2012	12/27/2011 01/11/2012

Short Interest Data

OTC equity short interest is available for view by issue, or by downloadable pipe-delimited text file containing all OTC equity securities reported with a short position. Data is available online for one rolling year and is based on the settlement date provided in the Publication Schedule above.

View by Security
Step 1: Enter an Issue

Step 2: Select a Settlement Date

Downloadable File

Select a Settlement Date

Data Definitions and Contact Information

Data Field	Definition
Security Name	Name of the security
Security Symbol	Symbol identifier
OTC Market Type	Indicates whether the security is OTC Bulletin Board or non-Bulletin Board
Current Cycle Short Interest	The total number of shares in the security that are reflected on the books and records of the reporting firms as short as defined by SEC Rule 200 as of the current cycle's designated settlement date.
Previous Cycle Short Interest	The amount of shares that were reported as being sold short for the previous cycle
Change in Shares Short from Previous Cycle	Difference in short interest between the current cycle and the previous cycle
Percent Change from Previous Cycle	The percent change from the current cycle's short interest compared to the previous cycle's short interest. Formula: (Current Cycle Short Interest - Previous Cycle Short Interest) / Previous Cycle Short Interest, x 100, Rounded to Hundredths.
Average Daily Share Volume	The daily average share volume reported for the security during the current cycle
Days to Cover	The number of days of average share volume it would require to buy all of the shares that were sold short during the reporting cycle. Formula: Short Interest / Average Daily Share Volume, Rounded to Hundredths. 1.00 will be displayed for any values equal or less than 1 (i.e., Average Daily Share is equal to or greater than Short Interest). N/A will be displayed If the days to cover is Zero (i.e., Average Daily Share Volume is Zero).

Questions regarding OTC equity short interest data may be directed to the Legal Section, Market Regulation at (240) 386-5126, or Office of General Counsel at (202) 728-8071.

	Overview of OTC Short Interest
	Publication Schedule
	Short Interest Data
	Data Definitions and Contact Information