Abnormally High Short Selling in SMX: 41% of Daily Trading

The chart below shows ALL of the short selling each day in TIERS TIERS PRINCIPAL-PROTECTED MINIMUM RETURN TRUST CFTS 2003-28.4.08 SER S&P 2003-7 LKD TO S&P 500 (SMX). 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 TIERS TIERS PRINCIPAL-PROTECTED MINIMUM RETURN TRUST CFTS 2003-28.4.08 SER S&P 2003-7 LKD TO S&P 500. An average of 41.34% of the daily trading in SMX 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 SMX 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	184,593	485,414	38.03	5.7	1,052,180
2025-08-08	4,651,402	8,556,924	54.36	7	32,559,814
2025-08-07	141,822	284,526	49.85	5.25	744,566
2025-08-06	725,741	1,657,196	43.79	0.788	571,811
2025-08-05	1,159,986	4,001,747	28.99	0.94	1,090,387
2025-08-04	636,411	1,302,356	48.87	1.38	878,247
2025-08-01	318,867	924,718	34.48	1.26	401,772
2025-07-31	848,714	1,673,319	50.72	1.48	1,256,097
2025-07-30	807,448	2,131,337	37.88	1.82	1,469,555
2025-07-29	1,917,017	5,659,070	33.88	1.71	3,278,099
2025-07-28	31,570,907	79,148,454	39.89	2.75	86,819,994
2025-07-25	39,671,674	79,426,679	49.95	1.96	77,756,481
2025-07-24	702,369	1,356,706	51.77	1.1	772,606
2025-07-23	1,051,706	1,907,292	55.14	1.21	1,272,564
2025-07-22	1,601,966	7,212,079	22.21	1.26	2,018,477
2025-07-21	1,033,073	1,926,337	53.63	1.54	1,590,932
2025-07-18	115,106	371,615	30.97	1.55	178,414
2025-07-17	411,005	981,722	41.87	1.62	665,828
2025-07-16	850,390	1,710,687	49.71	1.58	1,343,616
2025-07-15	5,014,034	27,033,576	18.55	1.69	8,473,717
2025-07-14	419,194	763,356	54.91	2.07	867,732
2025-07-11	347,798	608,394	57.17	2.67	928,621
2025-07-10	117,524	309,023	38.03	3.39	398,406
2025-07-09	12,061	18,349	65.73	4.11	49,571
2025-07-08	28,807	48,900	58.91	4.39	126,463
2025-07-07	5,998	12,570	47.72	4.45	26,691
2025-07-03	4,981	8,491	58.66	4.5	22,415
2025-07-02	6,948	18,116	38.35	4.28	29,737
2025-07-01	9,952	31,258	31.84	4.15	41,301
2025-06-30	14,052	24,151	58.18	4.11	57,754
2025-06-27	9,772	14,693	66.51	4.17	40,749
2025-06-26	6,885	11,785	58.42	4.23	29,124
2025-06-25	13,510	22,655	59.63	4.28	57,823
2025-06-24	9,021	21,300	42.35	4.5	40,595
2025-06-23	7,710	17,411	44.28	4.53	34,926
2025-06-20	34,337	63,305	54.24	4.52	155,203
2025-06-18	48,707	116,625	41.76	4.87	237,203

Total	1,678,505,857	4,059,887,850	41.34	0.716	1,202,521,369

* Totals include all data records back to 2023-04-11 00:00:00, data set is truncated for viewing.