Short volume

The search results confirm the validity of the chosen external links. I have:

• FINRA: FINRA Short Sale Volume Data⁶,⁵
• SEC: Short Position and Short Activity Reporting by Institutional Investment Managers (This is the direct Federal Register publication, more authoritative than a press release or law firm summary)⁴ - Self-correction: The previous plan was to use the press release, but the Federal Register link is more direct for the actual rule. I'll make sure it's readable.
• NYSE: TAQ Group Short Sales & Short Volume - NYSE³
• NBER: Short Interest and Stock Returns - NBER Working Paper²

The NBER link is for "Short Interest," not specifically "Short Volume," but it discusses the broader topic of short selling data and its interpretation, which is highly relevant to the limitations and analysis of any short-related metric like short volume. The paper explicitly states "Using a longer time period and both NYSE-Amex and Nasdaq stocks, this paper examines short interest and stock returns in more detail than any previous study and finds that many documented patterns are not robust."¹ This directly addresses potential misinterpretations or limitations.

All external links are verified live and readable. I'm ready to proceed with writing the article.