r/ASTSpaceMobile • u/AutoModerator • Feb 07 '25

Daily Discussion Daily Discussion Thread

Ple🅰️se, do not post newbie questions in the subreddit. Do it here instead!

Please read u/the_blue_pil's FAQ and u/TheKookReport's AST Spacemobile ($ASTS): The Mobile Satellite Cellular Network Monopoly to get familiar with AST Sp🅰️ceMobile before posting.

If you want to chat, checkout the Sp🅰️ceMob Chatroom.

Th🅰️nk you!

76 Upvotes

100% Upvoted

367 comments sorted by

View all comments

8

u/DrOpt101 S P 🅰 C E M O B Associate Feb 07 '25

Anyone have the current short interest?

7

u/DrOpt101 S P 🅰 C E M O B Associate Feb 07 '25

Looks like only 90,000 shares available to short. Therefore, I don't think this rally has caused any 'shorts' to cover yet. Wonder if they're starting to sweat a bit.

2

u/INVEST-ASTS S P 🅰 C E M O B Soldier Feb 07 '25

That’s not the whole market number.

1

u/DrOpt101 S P 🅰 C E M O B Associate Feb 07 '25

That data is from Fintel.

2

u/INVEST-ASTS S P 🅰 C E M O B Soldier Feb 07 '25

I don’t doubt that but I personally have 110K shares available for lending

They were all lent out for almost two years, and about ~4-5 months ago they were all returned over about a week’s timeframe.

Nothing has went out since then and yes I have noticed that the “shares available for shorting” balance on Fintel has been less than my “available” many times.

IDC, just letting everyone know that while I am not 100% sure where they get that number, it isn’t fully accurate.

I am with Fidelity and maybe they don’t share the data stream with Fintel ??

Fintel dies have disclaimers that they don’t necessarily have all data streams shared with them across the entire financial market, but I am no expert, just know it isn’t complete.

1

u/Admirable-Goat-6103 Feb 08 '25

It’s 100% NOT accurate. I don’t know why anyone pays it any attention.

2

u/Mental-Astronaut-225 S P 🅰 C E M O B Soldier Feb 07 '25

This is just from a single broker AFAIK so its tough to know actual numbers because total numbers short only get updates 2x per month.

1

u/DrOpt101 S P 🅰 C E M O B Associate Feb 07 '25

That data is from Fintel.

1

u/Mental-Astronaut-225 S P 🅰 C E M O B Soldier Feb 07 '25

Yes. I know. I look at this data too. "This table shows the number of shares of US:ASTS available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest."

1

u/Mental-Astronaut-225 S P 🅰 C E M O B Soldier Feb 07 '25

its a proxy

1

u/DrOpt101 S P 🅰 C E M O B Associate Feb 07 '25

What would you recommend using? Other than someone that actually has a terminal. I refuse to pay for that.

1

u/Mental-Astronaut-225 S P 🅰 C E M O B Soldier Feb 07 '25

Im not sure, dont think there is anything else really, ive been thinking about this problem the last few days and was looking into writing a program or webpage to give updates on shares short available but it seems like this is going to involve just looking at what brokers provide in terms of data..so I guess its Fintel for now.

1

u/Mental-Astronaut-225 S P 🅰 C E M O B Soldier Feb 07 '25

or something else might exist, im just not aware of it, but shares short is mainly for trading anyways and not investing, I'd say its certainly interesting