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this is technically true...but the constructed definition where shorted shares are not added to the float denominator (in which SI can exceed 100%) can still be useful
Also one is just a trivial transformation of the other - SI(true) = SI(naive) / (1 + SI(naive))
in fact a Citi sell-side call this week specifically on the topic of share lending was citing the computation where SI>100% Getting riled up over the official computation being overriden feels like arguing about an oxford comma. gonna be a popular topic for awhile
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