This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
Trading items are of different types. There are data downloaders, trading indicators, trading systems, watchlists, composites/indices...
You can use this item and hundreds of others for free by downloading QuantShare.
Top Reasons Why You Should Use QuantShare:
Works with US and international markets (stock, forex, options, futures, ETF...)
Offers you the tools that will help you become a profitable trader
Allows you to implement any trading ideas
Exchange items and ideas with other QuantShare users
Our support team is very responsive and will answer any of your questions
We will implement any features you suggest
Very low price and much more features than the majority of other trading software
Australian Securities Exchange participants are required to report their daily gross short sales to the ASX exchange. This short selling activity is made available in the Australian Securities Exchange website. The AFR (afr.com) website provides also this short selling report.
Short sellers sell shares they do not own. They are expecting a decrease in the price of the security they trade. Tracking the short selling activity is very important.
This item downloads short sale numbers for all stocks listed on the ASX. The data is stored in a custom database and it is available every day.
The database, which contains the data and whose name is "short_sales" has six fields:
Date: The short sale numbers date.
Total_sales: This is the total number of share sales (This is the volume)
Short_sales: This is the total number of shares that were shorted (The short selling volume)
Per_short_sales: This is the percentage of traded shares that were shorted (This is simply the "Short_sales" value divided by the "Total_sales" value)
Issued_capital: This is the issued capital of a stock.
Per_capital_short: This is the percentage of issued capital reported as short sold (This is the reported gross short sales or Short_sales divided by the Issued_capital)
As an example, Ableauctions.com, Inc., which has 'AAC' as symbol, had a total volume of 558990 (Total_sales) on 04-February-2010. The total short selling volume was 102130 (Short_sales). The "Per_short_sales" value, which is expressed as a percentage was 18,27% (division of Short_sales by Total_sales). The issued capital (Issued_capital) is 264264459 and this results in a value of 0.03% for the 'Per_capital_short' (Short_sales/Issued_capital).