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https://www.nyse.com/regulation/threshold-securities

This is a list of stocks that have been sold, but the seller failed to deliver those shares. AKA naked shorting.

GME has been on this list for a month now.

SEC call this "Reg SHO". https://www.sec.gov/investor/pubs/regsho.htm



Wow, I though it was impossible to do "naked shorts" (i.e. why "short borrow" exists) and that people screaming "naked short" were just spreading FUD, but this proves me wrong!

Of course, this list isn't indicative of the amount (i.e. coud literally be one share undelivered) but the mere existence of it is mindblowing! Someone should be paying massive penalties and/or be in jail (as I'm sure would happen to "retail investors" if they were unable to deliver...)


Caveat: I don't know anything about short selling, so I may be misinterpreting this.

That said, https://www.investor.gov/introduction-investing/investing-ba... notes you only get listed as a threshold security if a few criteria are met, one of which is that the amount failed to deliver must be:

> equal to at least 0.5% of the issuer's total shares outstanding

Based on 70M outstanding shares, that means at least 350,000 undelivered shares. We don't know _why_ there was a failure to deliver, though. Not all failures may be related to short selling - someone's system screwing up for mundane reasons could cause such a thing, with no malice required.





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