Nasdaq’s portal will allow S3’s real-time analytics to monitor short interest changes between exchange reporting periods.
Financial technology and analytics firm S3 Partners announced it will provide Nasdaq’s listed companies with real-time short interest analytics. Companies can use Nasdaq’s portal to access to S3’s tools and get updates of changes between exchange reporting periods.
In addition to real-time data, Nasdaq listed companies can access analytics for long/ short selling price indicators and lending/ borrowing rates. The traditional three-week wait for publication has ended. The real-time short interest forecasts will provide data on a percentage of float, per share and notational basis instantly.
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Customers can also access accurate and up to the minute:
- Finance rates
- Short interest and financial rate trends and comparisons
- Insights on effects transactions like potential short squeezes, long and short selling, and short covering have on investor behavior
Companies may choose to utilize S3’s consulting services for expert opinions on selling trends in specific securities.
“S3 is excited to offer Nasdaq-listed companies access to market-leading data, analytics, and insights that will help all members of the C-Suite and boards of directors to better understand and explain real-time price movements in their shares,” says Bob Sloan, Managing Partner, S3 Partners. “Our clients leverage our enterprise software and award-winning analytics for better outcomes in their investment processes, risk management, counterparty relationships, and investor relations activities. We look forward to helping the senior leadership of Nasdaq companies tap into the best data and apply powerful analytical methods to better understand and adapt to market behavior—both long and short.”
Nasdaq listed companies who sign up through Nasdaq company portal can access the S3 analytics tools and data now..