Ondas investors blame short-sellers, fails-to-deliver
What happened
Ondas, a defense drone company that’s partnered with Palantir, has high short interest at 40.9% of its float. Ondas bulls finally have the SEC file they have been awaiting, proving millions of sellers failed to deliver stock on-time for their trades.
The post Ondas investors blame short-sellers, fails-to-deliver appeared first on Protos . Ondas, a stock at the center of a heated short-selling and manipulation debate , became Wall Street’s most failed-to-deliver security during the most recent SEC reporting period.
A failure to deliver occurs when a party responsible for delivering shares to complete a trade doesn’t deliver them. High fails-to-deliver rates are often fodder for debate about stock manipulation, especially when short-sellers fail to borrow and deliver the shares they sell, although innocuous explanations are far more common.
Sources & evidence
- Protos Reporting source
Ondas investors blame short-sellers, fails-to-deliver ↗
https://protos.com/ondas-investors-blame-short-sellers-fails-to-deliver/