all 81 comments

[–]Superstonk_QV📊 Gimme Votes 📊[M] [score hidden] stickied comment (0 children)

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[–]Squirrel_Jester 440 points441 points  (5 children)

Thanks for following up and posting the response.

[–]fleshfarm-leftover🦍Vted✅✅✅ 87 points88 points  (4 children)

Hear here. Thank you. So is it fair to say that the market close offered a unique opportunity to see how much constant cycling is happening in borrowed SI because returns were happening when repurchase/borrowing could not happen?

[–]Squirrel_Jester 14 points15 points  (0 children)

I'm not OP. I think you replied to wrong comment.

[–]Positron49 3 points4 points  (2 children)

Over this same time period my TD Ameritrade got transferred over to Charles Schwab (I don’t hold any GME in there, but used it to watch charts/volume).

I was curious why TD moved to Charles Schwab, considering it’s CDS against Schwab had blown up in the last few months.

[–]redditdude9753🍋🦍Voted✅🍋 3 points4 points  (1 child)

The two merged, or Schwab bought TDA last year I think. Hence why the accounts are moving to Schwab.

[–]Positron49 2 points3 points  (0 children)

Right, I’m just curious if the custodial ownership of the brokerage accounts would impact what is being considered lent or not

[–]mechanicaIJerk 201 points202 points  (4 children)

As we have now seen this occur twice, we should be able to devise the means to identify this ‘phenomenon’ so that we can adjust our estimation algorithms to prevent it from affecting our Short Interest estimates as clearly, with hindsight, it shouldn’t have done so yesterday.

On the one hand, it looks like they're saying it was a mistake.
On the other hand, i'm glad this 'phenomenon' data was captured and identified.

[–]enfiniti27🐙 Financial Errorists Llc 🐙 34 points35 points  (0 children)

This definitely smells like a data bug as if they "moved loans around" i.e. "Closed old loans and reopened new ones with the same number of shares" the "Avg. Age" of the Loan should have dropped. In this case the value jumped right back to the level it was on Friday of last week.

[–]im_here_to_help_6402🦍Voted✅ 19 points20 points  (1 child)

This phenomenon has happened twice. I bet one of our local big brains can link this data to some sort of event.

[–]Hellshield🦍Voted✅ 6 points7 points  (0 children)

I still think large block trades which are done to not affect volatility play a role until they need it to affect the price of a stock. They know we have been watching the utilization and want to have eyes stop following it. Last time we had a drop of 2% this time we had a drop of 20% which is a thousand times more. I am curious how big the drop will be next time after 100% utilization.

[–]The_Prophet_85Saviour of bedposts 7 points8 points  (0 children)

This was my thought as well. Hopefully someone smarter than me can write a full blow DD about this!

[–]Jbroad87💻 ComputerShared 🦍 266 points267 points  (6 children)

I don’t know shit about fuck but if they’re just going to reset the counter via “glitch” everytime the number gets too high that’s bullshit. 100% utilization for hundreds of days in a row is an interesting eye opening talking point when discussing this situation w people who have their heads in the sand. Big difference between 100% utilization for 650 days in a row and 100% “for most of the last three years - it’s only at 18 days now, but that’s bc they just reset it - it was at 250 before that!”

Just seems like more fuckery

[–]photonscientistFloating in the infinity pool is so relaxing! 95 points96 points  (1 child)

Agreed. Keep the count going! Put a note about the glitch, but don't rest the count.

[–]wannabezen2🦍 Buckle Up 🚀 26 points27 points  (0 children)

This is the way.

[–]RadioFreeAmerikaWhere we're going we don't need roads! 🚀🌒 7 points8 points  (0 children)

Also, why is this sudden drop in utilization not reflected on the chart at all? I would expect something noticeable to happen on the chart, too.

[–]Ctsanger🦍Voted✅ 9 points10 points  (0 children)

It's almost like ortex numbers don't mean anything

[–]BornLuckiest🎮 Power to the Players 🛑 4 points5 points  (0 children)

It's been at 100% for 267 days out of the last 268, that's pretty clearly full on utilisation.

I'd there anything with a higher record of utilisation?

[–]GiantSequoiaTree🚀 Gamecock 🚀 1 point2 points  (0 children)

This is my thought as well. Just hiding the data as usual.

[–]PropofolOutBoy 390 points391 points  (3 children)

Interesting. VERY interesting! Well, I think. Unfortunately, I can't read. DRS.

[–]jfreelandcincy💎👐Ryan F*ucking Cohen💎👐 60 points61 points  (2 children)

Blah blah D blah blah blah R blah blah… blah blah blah blah S

[–]Fitzy564🚀A Green Crayon In Each Nostril 🚀 19 points20 points  (0 children)

I see what you did there

[–]DJ_PLATNUM💻 ComputerShared 🦍 3 points4 points  (0 children)


[–]TelevisionNo1559🚀It is a good day to Buy🚀 88 points89 points  (2 children)

Wow. We'll is it back up to 100% today? I wanna say go back to the counter because they say they'd like adjust their calculations so it doesn't do this in the future.

[–]RaucetheSoss[S] 106 points107 points  (1 child)

Yo!! Yep, it’s back up to 100% utilization.

[–]3RingHero🏴‍☠️LIGMA GMErican 🏀🏈⚽️⚾️🏐🎱 63 points64 points  (0 children)

The counter shouldn’t be reset unless there are 2 consecutive days with under 100%. That would avoid their data shenanigans (for now) and we get a new high score.

Also, thanks for doing this, you get my daily karma 🍻

[–]FluffyTrexHentai🦖 Dinosaurs R Sexy 💕 167 points168 points  (6 children)

That's really interesting stuff and it's fascinating to see 17 MILLION lent shares roll looking at the live feed from this morning.

I personally think we should count 100% utilization as continuous unless it drops for ~3 days in a row. That should clear up this data noise.

Edit: spelling

[–]Onebadmuthajama🎮 Power to the Players 🛑 32 points33 points  (0 children)

Maybe some larger hedge fund is preparing to cover with the borrow?

I think Wes C. (Securities lawyer) confirmed this was a typical behavior to cover collateral for short positions. (Notice, I say cover, not close).

It sounds like someone is rolling a 17m share short position, and it’s not a market maker, or bank, since those two entities can run through a prime broker to borrow.

Maybe Stevie Cohen, maybe an individual investor such as Carl Icahn.

Explanation of what I think is happening: 1 - Fund A holds a naked short via derivatives (naked CC’s anyone?)

2 - They don’t want to close, but need collateral to roll their CC’s

3 - Fund A begs all lenders they can find to help them out for a premium, possibly even just a favor IOU.

4 - Fund A borrows the shares, rolls their position to collect premium, then returns the shares. This should have a visible impact on either the options chain, or swaps. (Likely swaps, since they’re hidden data right now)

5 - return the shares, and keep what’s left of the premium. If they ever get exercised, they will need to close, but I suspect they are working with very long dated options to minimize their risk, and maximize their intrinsic time value.

Everything I just said SHOULD be illegal, since it’s nearly impossible to sell naked CC’s as retail, but hedge funds operate under different rules than Main Street.

I might make a post on this if I have time for it today, to get more visibility, but as I always say, “if it sounds like a duck, and looks like a duck, it’s probably a duck”.

[–]DaetheFancy 59 points60 points  (2 children)

you know not what you speak. The last count of over 200 days was only not 300+ because one day it dropped to something like 99.8% and people here were "THATS NOT 100% WE NEED DATA INTEGRITY" so OP restarted the count from the backlash.

[–]Kind_Initiative_7567🦍Voted✅ 3 points4 points  (0 children)

Yes, I remember that single day anomaly very clearly. And I think it happened even earlier once. The underbelly of the financial markets is a stink pot. And retail has no chance really.

Am looking forward to the earnings report this time and if we see positive EPS, boy, that’s gonna be very interesting….

[–]SeniorMuchachito🚀Pro Gamer Move - Wall Street Edition 🚀 -1 points0 points  (0 children)

Yeah, I wanted the count to continue but just say 300+ days with over 99% utilization, but I got yelled at like I'm some sort of asshole. Fuck this post, idgaf honestly.

[–]Adorable_Wolf_8387 54 points55 points  (0 children)

Guessing we're gonna see ten million FTDs over the last couple days then when the numbers come out.

[–]Joddodd🦍 Buckle Up 🚀 57 points58 points  (1 child)

So.... just another T+x reset method?

Borrow shares, return them and borrow them again the next day?

Also, as is stated by any techie ever.

first time is a glitch
second time is a coincidence
third time is a pattern

[–]GeminiKoil🦍Voted✅ 1 point2 points  (0 children)

I actually finally looked it up. It's from a Bond movie.

Once is happenstance. Twice is coincidence. The third time it's enemy action.

Love this quote

[–]TankTrap Ape from the [REDACTED] Dimension 15 points16 points  (0 children)

I think the count should continue from before because the data provider themselves have highlighted it is a result of a 'quirk' in how the same data was reported on timings.

Keep on trucking!!

[–]SgtSlaughter1974🎮 Power to the Players 🛑 7 points8 points  (0 children)

I think the count should continue unless there are 2 trading days with utilization under 100. Just my 2 cents

[–]CsakstarYa gotta DRS to see MoAss 6 points7 points  (0 children)

Keep up the good work and thank you for the update!

[–]automatedcharterer🦍Voted✅ 5 points6 points  (0 children)

Returned a bunch of shares? yes

So borrowed them, sold them, bought them back and returned them? Yes

SO BOUGHT THEM BACK? FROM WHO? AT WHAT PRICE? Well no buying billions of shares would have raised the price. This was some clerical administrative process of just giving them to themselves so they dont have to buy them.

So they did not return them, or bought them, or even had them in the first place? well no.

And they were all marked out as borrowed again today? Yes

The shares they did not borrow, do not have to buy back, can roll over to themselves without permission or buying from anyone? Yes


[–]Logical-Possession10 3 points4 points  (0 children)

Gotta be they returned shares for the real owners likely tutes to vote the shares

[–]BruceleeroyNukka🎮 Power to the Players 🛑 3 points4 points  (0 children)


[–]amir2866 3 points4 points  (0 children)

So it’s back to 100% - pick up right where you left off. We go AGANE!

[–]RomireIVGamestop is my hobby 3 points4 points  (0 children)

Can you ask them the date(s) that they said this phenomenon occurred last year? They said last June, but maybe they meant to say July, it could line up with when the clock reset last time.

Also, Thanks for all the work you put into this to keep us updated every day!

[–]Suitable_Mix_3795tag u/Superstonk-Flairy for a flair 4 points5 points  (0 children)


[–]DearHair4635 2 points3 points  (0 children)

Ah so even ortex knows the “new” tricks… it’s amazing always the standard for poors and the standards for rich-money wielding Fuks. It’s like they “FTD” on purpose or something…….

[–]kaiserfiume🎮 Power to the Players 🛑 2 points3 points  (0 children)

I cam just conclude: Hedgies are eternaly fukd if they play these games. They do not know how gamers mind works.

[–]raxnahali💻 ComputerShared 🦍 2 points3 points  (0 children)

I would say continue the count with a marker for the "phenomenon" which to me sounds like Ortex is being complicit with whomever is doing this rollover. Only they are being called out about it now as Apes are watching.

This isn't magic, it is data. Not knowing who is doing what is when smells like BS to me. This isn't the first time it has happened, I find it SUS as hell they haven't dealt with it by now.

[–]photonscientistFloating in the infinity pool is so relaxing! 1 point2 points  (0 children)

Thank you for posting this. So much fuckery in the market. 🦍💜🦍

[–]lalich 1 point2 points  (0 children)

To the ♾📚🏴‍☠️ machine!🤙

[–]cibiab💻 ComputerShared 🦍 1 point2 points  (0 children)

Thx OP! This is a better explanation the first time this happened.....here we ROLL folks

[–]njiin12🧚🧚🍦💩🪑 glorilla grip hands 🦍🧚🧚 1 point2 points  (0 children)

Maybe they can reset the counter because they weren't going to be margin called. It was a trading holiday. With everything else being frozen you could in theory do whatever you want to as long as they're not looking. Kind of like the first round in squid games. The irony being that the old man in this case loves mayo.

[–]infj-t[REDACTED] better have my money 1 point2 points  (0 children)

Wash sales amiryt

[–]cjbrigolMOASS tomorrow or ban! 🚀 1 point2 points  (0 children)

Na keep the count going, they say it's not real and just the result of fuckery

[–]ROK247🚀 HAS NEVER FAILED TO DELIVER 🚀 1 point2 points  (0 children)


[–]WhatCanIMakeToday🦍 Peek-A-Boo! 🚀🌝 1 point2 points  (0 children)

Ah, they reset the clock

[–]MCS117🌜I held GME once… I still do, but I used to also 🌛 1 point2 points  (0 children)

My vote is keep the count rollin

[–]ProfessionalLurker13⬆️Three☑️time☑️voter☑️ 1 point2 points  (0 children)

Fuck it. Reset. I remember the last time it was reset, 42 years into the 84 year saga, we all knew it was due to a nuance regarding the splividend but it’s cool knowing that even these “glitches” last less than 24 hours.

[–]psullynj 1 point2 points  (0 children)

So many “coincidences” and “glitches”

[–]WavingToWaves💻 ComputerShared 🦍 1 point2 points  (0 children)

I guess counter continues 😁

[–]FishAye5North Gmerican 🇨🇦🏴‍☠️ 1 point2 points  (0 children)


[–]SandmanBun🦍 Buckle Up 🚀 1 point2 points  (0 children)

Keep the count going! U.S. holidays shouldn’t give the perception of a reset.

[–]deuce-loosely💎 Stay Stonky 🙌 1 point2 points  (0 children)

mark it 100% dude.

[–]NamelessStar 1 point2 points  (0 children)

So more garbage without anything real to back it up got it. Quite a few stocks in the basket had this happen and then just magically unhappen today.

[–]breakfasteverydaytag u/Superstonk-Flairy for a flair 1 point2 points  (0 children)

I'm in favor of keeping it going.

Will Ortex retroactively change its short reporting when they arrive at a methodology for future-proofing?

[–]Pyroelk⚔️Knight Of New⚔️ 1 point2 points  (0 children)

THIS is why I live these daily report posts. To many, they may seem uninformative or spammy, but when something happens, we are the first to know!

[–]IKnowMyTruth2 1 point2 points  (0 children)

Got it. Ortex is hot garbage. Story checks out.

[–]Geoclasm🦍 Buckle Up 🚀 2 points3 points  (0 children)

Manipulating the data by returning huge quantities of shares, then immediately re-borrowing them?

That sounds fucky.

[–]Elegant-Remote6667Ape historian | the elegant remote you ARE looking for 🚀🟣 0 points1 point  (0 children)

Keep the og count going with an update - this is clearly not just a glitch from then otherwise they would have flagged it internally way earlier

[–]TheLightWanGME Dividend is the End Game 0 points1 point  (0 children)

I would like to see you continue just like you did when it dropped to 98% on the last "glitch".

Or maybe you can give the count omitting the last 2 glitches.

[–]RandalFlagg19🚀 Four More Same Floor 🚀 0 points1 point  (0 children)


[–]HungryMugiwaraMOASStronaut 🚀🌕 0 points1 point  (0 children)

Keep the count

[–]DictatorsK🦍Voted✅ 0 points1 point  (1 child)

Does anybody know if any other stock has held 100% utilisation for this long?

[–]infiloop2DRS 0 points1 point  (0 children)

How is this not FTD recycling?

[–]Aon333 0 points1 point  (0 children)

Okay if we have another massive jump within the next day or two, that should be proof these scumbags are lying. Do we have any idea what other stocks had huge decreases or increases in shares on loan and estimated SI? I want to see how their chart performed afterwards.

One thing to point out is I have no recollection of this happening to GME back in June of 2022. If it did happen to GME in June, the chart shows a run pretty much all of July to early August in 2022. I remember when ORTEX reported GMEs short interest much higher but that was back in late October and it also caused a significant run. Wonder if these are linked to swaps in some way since they mention rolling.

[–]viscin12💻 ComputerShared 🦍 0 points1 point  (0 children)

DTCC moving shares from DRS and moving them back , or could be SFTs

[–]hashpipe86Glitch better have my money 0 points1 point  (0 children)

keep the count going but with an *, it worked for baseball