Market Makers Abuse Short Selling Rules, Failing to Cover Trades on Day of Sale

In the past 20 years (since 2005 with the introduction of RegSho), short selling has come under scrutiny as millions of retail investors have discovered what we have been highlighting since early 2005. Market makers abuse the “market maker’s exemption” and short excessive amounts of shares in your stock without locating, borrowing, paying the rebate or the interest rate to borrow. They are required to cover on the same trading day, and our data proves they do not.

The chart below shows “Daily Short Volume” in Modiv Inc. (MDV), and includes both EXEMPT (market makers) and NON-EXEMPT (everyone else) short sales. We consolidate the tape of all 14 US stock exchanges and purchase the “sell short” trade identifier data directly from the exchanges on a daily basis. This complete view of the trading in your stock shows a vastly different picture than “Total Short Interest”, which only includes non-exempt short sales that have not been covered by the twice per month reporting date. Unfortunately, this misses the majority of the short selling.

This indicates that a Short Squeeze may be starting in shares of Modiv Inc. at $15.19, after crossing above the $15.154 Trigger Price. This could signal a buying opportunity, given the right market conditions.

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	17,183	57,809	29.72	14.95	256,886
2025-08-08	19,345	53,964	35.85	14.77	285,726
2025-08-07	14,967	48,777	30.68	14.47	216,572
2025-08-06	5,733	16,656	34.42	14.47	82,957
2025-08-05	7,670	33,382	22.98	14.49	111,138
2025-08-04	14,195	44,567	31.85	14.46	205,260
2025-08-01	19,990	48,977	40.82	14.31	286,057
2025-07-31	27,159	53,802	50.48	14.33	389,188
2025-07-30	16,588	31,709	52.31	14.48	240,194
2025-07-29	9,363	26,093	35.88	14.57	136,419
2025-07-28	27,332	64,781	42.19	14.56	397,954
2025-07-25	14,714	58,643	25.09	14.41	212,029
2025-07-24	10,474	35,412	29.58	14.7	153,968
2025-07-23	10,179	35,176	28.94	14.62	148,817
2025-07-22	14,285	49,626	28.79	14.52	207,418
2025-07-21	18,353	73,298	25.04	14.31	262,631
2025-07-18	19,156	49,768	38.49	14.35	274,889
2025-07-17	22,127	89,948	24.6	14.36	317,744
2025-07-16	22,449	53,879	41.67	14.43	323,939
2025-07-15	18,411	45,785	40.21	14.57	268,248
2025-07-14	14,772	46,666	31.65	14.68	216,853
2025-07-11	16,966	39,791	42.64	14.62	248,043
2025-07-10	17,004	43,331	39.24	14.67	249,449
2025-07-09	10,922	32,745	33.35	14.59	159,352
2025-07-08	23,833	53,140	44.85	14.74	351,298
2025-07-07	27,613	75,397	36.62	14.64	404,254
2025-07-03	21,210	38,203	55.52	14.58	309,242
2025-07-02	30,720	65,442	46.94	14.46	444,211
2025-07-01	41,294	63,657	64.87	14.44	596,285
2025-06-30	70,212	111,124	63.18	14.27	1,001,925
2025-06-27	480,808	2,331,554	20.62	14.38	6,914,019
2025-06-26	24,498	50,997	48.04	14.14	346,402
2025-06-25	29,398	72,077	40.79	14.19	417,158
2025-06-24	14,479	37,751	38.35	14.37	208,063
2025-06-23	25,332	90,350	28.04	14.5	367,314
2025-06-20	31,608	121,622	25.99	14.52	458,948
2025-06-18	9,939	40,302	24.66	14.48	143,917

Total	8,362,584	27,339,122	30.59	15.15	126,718,983

* Totals include all data records back to 2022-02-14 00:00:00, data set is truncated for viewing.