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by chollida1 2602 days ago
Bloomberg terminal will give you a lagging number for SI(Short interest).

If you want a current indicator you have to pay for it from companies like Markit that poll hedge funds. The idea being that if you want to know the number you pay by including your own data that they can then show to other funds in aggregate.

For the borrow rate you ask your prime brokerage(like a bank but for holding equities/derivatives/etc). They'll go find you shares and figure out what rate to charge you, while adding their own rate on top.

1 comments

finviz mentions, the short float to be 7% and Short ratio is 1.05 which says it's much conservative than the numbers posted. How to explain the difference?
Lyft's float can be viewed one of two ways

1) Total Shares of 273Million this is what finviz is using. This includes locked up shares that can't trade right now

2) the Currently tradable float, this is 32 Million and what I, Bloomberg, Markit, and any non budget site will use as these are the only shares that currently matter.

Sorry, trying to reconcile the comments.

LifeOfPi mentioned the short float to = 7%. Chollida1 mentioned the 7% figure was using 273mil shares as a base.

So wouldn't the total shorted shares equal 19mil? (19mil = 273mil X 7%). However, Chollidal mentioned in the first post that 27mil shares are shorted. Trying to figure out how to bridge the gap between 19mil and 27mil...

PS. Not trying to nit-pick. The comments are very useful. Maybe I'm missing something....

Time of reporting matters here. Some report every 15 days. others with a different time frame. Probably that's the reason for discrepancy?
Makes sense. Thanks!