Short Interest and Securities Lending data

EXCHANGE REPORTED SHORT INTEREST
(Only for US-listed stocks and ETF’s)
ORTEX provide the primary exchange (e.g NYSE and NASDAQ) released Short data. In the US, stock exchanges only offer short interest data twice a month and with several days lag but its still useful to provide and present this data in combination with more timely data so that all the information available is provided in one place.

FLAGGED SHARES SHORTED
(Only for EU-listed stocks and ETF’s)
This box shows all aggregated publicly announced short positions as the number of shares currently on loan. In Europe financial institutions are required to flag to the local regulator whenever they go over or back under certain thresholds. This provides valuable and timely additional data. ORTEX add these flags intra-day as soon as the regulator publishes them.

FLAGGED % FREEFLOAT ON LOAN
(Only for EU-listed stocks and ETF’s)
This box shows all aggregated publicly announced short positions as a percentage of the freefloat. In Europe financial institutions are required to flag to the local regulator whenever they go over or back under certain thresholds. This provides valuable and timely additional data. ORTEX add these flags intra-day as soon as the regulator publishes them.

% FREEFLOAT on LOAN
The percentage of the companies freefloat that is currently out on loan.

SHARES ON LOAN
The current number of shares out on loan

DAYS TO COVER
How many days volume the current shares on loan equate to. Note average daily volume is based average 3 month daily volume for the given security across exchanges.

COST TO BORROW
The average annualised % of interest on loans from Prime brokers to their clients, i.e hedge funds.

UTILIZATION
The ratio between the number of shares on loan across all outstanding loans in the wholesale market and the number of shares available for lending at lending programs. 0% means that no shares have been borrowed or lent at these lending programs; 100% means that all shares available to borrow or lend at a lending program have, in fact, been lent. This does not represent the number of shares listed on the exchange that have been lent, because not all listed shares are available for lending; it indicates how much of the supply actually available for lending has been lent. Unless otherwise specified, this is given in decimal format.