PROTECTED SOURCE SCRIPT

DIX Short Sale Volume

By ILuvMarkets
Updated
This indicator combines all the short sale volumes from NASDAQ, NYSE and BATS exchanges and calculates Short Vol % to Total Volume across these 3 exchanges. Use it on Daily Timeframe as shown in the above chart.

For more information on Short Sale Volumes refer to https://www.finra.org/finra-data/browse-catalog/short-sale-volume-data

Usage
  • When short sale volume data is rising rapidly, it indicates bullishness in the underlying as market makers do not have the shares to sell which results in short sale
  • When a stock gets dumped by institutions, short sale %age is normally very low and trend is downwards
Release Notes
Minor changes to Input
dixGEXQQQshortshortinterestshortsalesSPX (S&P 500 Index)S&P 500 (SPX500)USAVolume
ILuvMarkets

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?

Disclaimer