Oct. 30, 2022
October 30, 2022 Short selling of any kind, including through ETFs and swaps, must be reported and transparent to the public every 15 minutes, or by the end of every market open day. When investors buy stock, they deserve the right to know who is betting against them and how much they are betting against them. In addition, phantom shares should never exist. A company should never have more shares than its outstanding number of shares, and a company should never be shorted more than 100% of its outstanding shares. If either event occurs, it is imperative that all parties who are short the stock, regardless of position size, be held accountable by being required to close their short positions immediately until there are no more phantom shares.