Are you sure JD? When an entity borrows a stock, all legal rights (voting, dividends, etc) are inherited by the owner of the stock. So I don't think the lender has to include any lent stock as part of their net holding because legally, they are not the holder of the lent stock.
Entity A bought 100 shares in XYZ, and then proceed to lend 50 shares to Entity B. Entity B short sells 30 shares on the market (say to Entity C) but keeps the remaining 20 borrowed stock unsold. At that point in time, the total ownership is A with 50 shares, B with 20 shares and C with 30 shares. If A decides to recall the lent stock, B will have to purchase 30 shares (on or off market, say from Entity D) and return a total of 100 shares back to A. At which point, A will have 100 shares, B will have no holding, C will have 30 shares and D will have whatever holding minus the 30 shares sold to B.
If A has to include the lent stock as part of its holding, then that parcel of share will be double-counted since B and C are also legal owners of the 20 and 30 shares respectively.
618
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $487.1M |
Open | High | Low | Value | Volume |
16.5¢ | 17.0¢ | 16.0¢ | $1.708M | 10.27M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 929388 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 1165570 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 860835 | 0.165 |
56 | 4466995 | 0.160 |
20 | 1016395 | 0.155 |
34 | 729563 | 0.150 |
9 | 551948 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 1105570 | 8 |
0.175 | 1774180 | 13 |
0.180 | 942433 | 8 |
0.185 | 820010 | 17 |
0.190 | 1135367 | 15 |
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