Check My Ortex Cineworld image again and look for the DTC info26 Nov 2020 20:43
This post contains a pasted section taken from the Ortex marketing website section that explains how the gather the data from the world of hedgefunds who happily go around scre.wing companies up and down the countries
I shall update this Cineworld Forum with Ortex data on a daily basis because: Read here where it says near the bottom of this post: DCT
On the Ortex Cine shorts image, it shows that the shorts have 6.61 days to cover to buy back the Cine shares.
https://ibb.co/KjfQhJ8
Short statistics and trends are a crucial element in understanding how a stock behaves and how sentiment surrounding a stock is developing. ORTEX Short interest data is sourced from the world’s largest combined pool of Agent Lenders, Prime Brokers, and Broker-Dealers who submit their inventory.
In the US, stock exchanges only offer short interest data twice a month and this data is also delayed with over a week, leaving investors in the dark regarding daily short selling activity. ORTEX fills this void with daily up-to-date information from the global securities finance market and enables users to gauge changes in investor sentiment. This data is updated by 7.30am EST each day with current stock borrows – you wont find more timely or accurate data.
In addition, 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. ORTEX aggregate an institutions overall current short position and lists all the latest flags so you users get an accurate idea of latest sentiment.
Please click the help icon on each box for more specific information on what each data point is.
If you are looking for detailed short interest for any particular stock or ETF, go to the stocks main page by searching for it on the top of the page, and click the heading on the short interest module to get more details.
Vocabulary on this page
DTC
DTC or Days To Cover is the number of shares shorted divided by the average daily volume. A high DTC therefore indicates that it’s harder to buy the shares back and hence close out a short position.
Cost to Borrow
The average annualised percentage of interest on loans from prime brokers to their clients, i.e hedge funds.
FreeFloat on Loan
The percentage of the companies public available shares, FreeFloat, that is currently out on loan.