As of Aug 12th, 2025, there has been substantial selling of GEMS Index ETN Ipath in recent trading

The chart below shows ALL of the short selling each day in GEMS INDEX ETN IPATH (JEM). We have consolidated the tape of ALL US stock exchanges and dark pools (this means we get the TRADE IDENTIFIER showing whether the trade was a buy, sell or sell short). The data below shows just the short sales each day in your stock. It includes both EXEMPT (market makers) and NON-EXEMPT (everyone else) short sales in GEMS INDEX ETN IPATH. An average of 29.42% of the daily trading in JEM is short selling. This is abnormally high and implies there is illicit trading taking place in your stock. We run automated surveillance and reporting algorithms that report manipulative market making and short selling (to FINRA, SEC, Whistleblower's Office and Dept of Treasury FINCEN). We then issue FINRA COMPLIANT research to our large user base to counteract this activity that is driving JEM lower unfairly.

You can find the full report at [ https://www.woprai.com/ ]

Please find the applicable data below, drawn from all major market providers.

Date	Short Volume	Total Volume	Percentage	Squeeze Trigger	$ Value
2025-08-11	200,523	859,840	23.32	5.42	1,086,835
2025-08-08	86,017	476,006	18.07	6.3	541,907
2025-08-07	39,860	316,457	12.6	6.4	255,104
2025-08-06	24,460	253,171	9.66	6.42	157,033
2025-08-05	43,268	214,950	20.13	6.18	267,396
2025-08-04	45,711	121,729	37.55	6.35	290,265
2025-08-01	9,372	41,922	22.36	6.04	56,607
2025-07-31	47,296	223,259	21.18	5.83	275,736
2025-07-30	209,160	501,134	41.74	5.41	1,131,556
2025-07-29	22,943	32,700	70.16	4.12	94,525
2025-07-28	2,384	21,741	10.97	3.93	9,369
2025-07-25	177,240	940,842	18.84	3.79	671,740
2025-07-24	5,185	16,619	31.2	3.89	20,170
2025-07-23	6,395	13,479	47.44	3.95	25,260
2025-07-22	19,195	41,154	46.64	3.98	76,396
2025-07-21	9,966	29,324	33.99	4.03	40,163
2025-07-18	17,665	49,390	35.77	3.9	68,894
2025-07-17	8,079	51,322	15.74	3.85	31,104
2025-07-16	3,858	15,753	24.49	3.65	14,082
2025-07-15	1,951	11,710	16.66	3.61	7,043
2025-07-14	5,695	10,392	54.8	3.69	21,015
2025-07-11	6,778	37,429	18.11	3.68	24,943
2025-07-10	19,306	177,751	10.86	3.51	67,764
2025-07-09	70,189	196,684	35.69	3.49	244,960
2025-07-08	203	7,860	2.58	3.93	798
2025-07-07	6,262	111,086	5.64	4.44	27,803
2025-07-03	48,769	178,924	27.26	4.8	234,091
2025-07-02	102,297	352,586	29.01	4.44	454,199
2025-07-01	10,151	142,056	7.15	4.97	50,450
2025-06-30	40,728	173,165	23.52	5.55	226,040
2025-06-27	9,011	28,413	31.71	6.08	54,787
2025-06-26	30,015	99,830	30.07	6.33	189,995
2025-06-25	200,958	503,392	39.92	6.6	1,326,323
2025-06-24	103,729	287,062	36.13	6.06	628,598
2025-06-23	42,956	167,106	25.71	6.19	265,898
2025-06-20	80,112	203,270	39.41	6.29	503,904
2025-06-18	34,585	63,813	54.2	5.97	206,472

Total	4,342,203	14,077,741	30.84	5.34	23,207,715

* Totals include all data records back to 2025-06-09 00:00:00, data set is truncated for viewing.

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As of Aug 12th, 2025, there has been substantial selling of GEMS Index ETN Ipath in recent trading

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