Positions Below 0.5%

What "Fell Below 0.5%" Means

Anyone whose short position reaches 0.5% or more of shares outstanding must report it to the exchange. When the position later falls below 0.5%, the reporting obligation ends, and a final report showing the drop below 0.5% is published.

Falling below 0.5% does not necessarily mean the short position was fully covered. A position below 0.5% may remain, and later balances are not published. A reported ratio of 0% means the position was closed completely.

How to read these reports

• When several institutions fall below 0.5% in the same stock, short covering may be under way.
• After falling below 0.5%, the same institution may report a new position again once it reaches 0.5%.
• The ratio is per institution. See each stock page for the estimated total short interest.

Learn more about the disclosure rules and terms