Who reports the number shares in the float?

Is it reposrted by the company, exchange etc... ?

That data comes from the annual report.  Morningstar defines it as "The total number of shares publicly owned and available for trading, which exclude restricted and closely held shares. Also known as "free float"."

The reason why I asked is because I have startegy that trades High short Int stocks and I use multiple softwares and the Short Int % of float they are showing varied and I realized it has to do with the num of shares in the float

If float is reported by the company then all softwares have to have the same value 

So take a look at MYGN pls

In TC it shows the latest float of 48M shares while in Yahoo it shows 63.68M

https://finance.yahoo.com/quote/MYGN/key-statistics?p=MYGN

Shortsqueeze shows teh same as yahoo 

http://shortsqueeze.com/?symbol=mygn&submit=Short+Quote%E2%84%A2

and the other paid softwares I use they all show 63M

I am wondering how TC shows 48M

COTY is another ex

TC shows 362% of its float shorted since TC shows 14.2 million shares in teh float

Shortsqueeze.com, Yahoo and my other softwares they all show 450 million shares in the float.

How can there be a such a huge diff?

We are asking Morningstar about the numbers, but it usually takes at least a few days to get a response.

I understand. Thank you!

Bruce,

Take a look at the link below pls

https://www.nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch

As you can see yesterday 5/9 was the Dissemenation of the Short data so howcome TC has not been updated? 

Re the first question of why different sites report different numbers for Float:

Its my understanding that one number can be the number of shares issued and in the marketplace,and the second, larger number is the number of shares AUTHORIZED to be issued.Not all shares authorized need to be have been issued. Example, some are held back for staff option awards.

I can't and won't vouch for this being the explanation in the cases you are seeing, but it is the case in some instances

From Morningstar:

We collect float data from 10K and proxy statement filed on SEC for Coty Inc. The latest proxy was filed on 09/22/16 and there isn’t insider holding information in the latest 10K, so we collect the latest float data from the proxy. And we only collect float data for listed share (Class A share for COTY).

As it is reported in proxy filed on 09/22/16, there are 74,305,147 shares of Class A Common Stock as of the record date (09/07/16).

As of the record date, there are 10,711,950 held by All Directors and Executive Officers as a Group and 48,880,148 Class A common shares held by ownership who own more that 10% of Class A common stock.

We calculate float with the following formula:

Float = Total Share outstanding – Insider Holding Number.

Insider Holding Number = Shares owned by director and officer as a group + Shares owned by ≥10% shareholder + Shares owned by affiliated persons regardless of % holder (including affiliate such as spouses or children of the directors or officers)

That is,

Insider Holding Number = 10,711,950 + 48,880,148 = 59,592,098;

Float = 74,305,147 - 59,592,098 = 14,713,049.

So, as of 09/07/16, the float data is 14,713,049. On that date, the total share outstanding for Coty is 336,367,517 (there are 74,305,147 shares of Class A Common Stock and 262,062,370 shares of Class B Common Stock issued and outstanding).

As the client mentioned in the above query, the latest TSO of COTY is around 750M as of 05/03/17.

During 09/07/16 and 05/03/17, the company issued 409.7 M of Class A Common Stock for business combination and all 262 M Class B shares were converted into Class A share based on one to one share.

That is why the client see float is only 14M and TSO is 750M which is greatly larger than float.

Generally, Coty Inc. filing proxy statement in Sep. or Oct. We will update the float data once the new proxy in 2017 were filed.

Ok thank you to both.

So I have two questions 

1) How often publicly traded stocks report 10K and or proxy statement? Is this done quarterly, annulay?

2) Can the shrares held by the insiders as explined above (Insider Holding Number = Shares owned by director and officer as a group + Shares owned by ≥10% shareholder + Shares owned by affiliated persons regardless of % holder (including affiliate such as spouses or children of the directors or officers) be barrowed for shorting? 

Thanks 

Would you also answer my other quesion I posted above on Wednesday, May 10, 2017 7:34:51 PM as well please.

many thx

1. The 10K is an annual statement and the 10Q is quarterly.

2. I don't know the answer to that but I'll try to find out.

3. It usually takes a few days after dissemination for Morningstar to pick up the new numbers.

3. It usually takes a few days after dissemination for Morningstar to pick up the new numbers.

The data is already delayed by two weeks. I really don't understand why morningstar would take a few more days to update their end.

The numbers that were disseminated on 5/9 is actually the 4/28 numbers  

Why wouldn't they update it the same night instead of taking a few days to do it 

The weekend has passed and the short int still has not been updated 

I would appreciate if someone can look into ths with morningstar

Data thats old and outdated has NO value  

Do you have specific charts where the short interest hasn't been updated?

COTY and AAPL have both been updated for example. Note that the data gets backtdated, so the chart shows the change in short interest happening on April 28, 2017 for these symbols.

Note that the data gets backtdated, so the chart shows the change in short interest happening on April 28, 2017 for these symbols.

Ohh I wasn't thinking that it would get backdated so as I space bar through I saw no changes in the graph 

So let me ply with it. Thx

Bruce take a look at the % shares short on BBRY pls

It has been sitting at 4.92% since 2011. How can this num not change at all since for over 5 years.  

The chart will always display the last value reported, no matter how old it is.  If you add that data to a column or report, it displays ... becuase the data is old/out of date.

That's my point! The data is incorrect bc its old and out of date.

Take a look at the Short data on BBRY on teh NASDAQ site. i have the link below

http://www.nasdaq.com/symbol/bbry/short-interest

Clearly this data has been getting reported and getting updated so how come morningstar has not?

I amnot trying to give you guys a hard time but accuracy of the data is VERY important to me because I rely very heavily on this data to generate signals where I place my hard earned money on.

When I see things like this it makes me question the accuracy of the data on other stocks as well   

The problem is that we're not showing anything for Latest Float so Short % of Float can't be calculated. I've emailed Morningstar about this.

thx

Morningstar uses SEC Filings as their source for insider & institutional holdings data, and it appears that this company did not report the relevant holdings in their 40-F (Annual) or Proxy statements. Being a foreign-filer may have something to do with their lack of disclosure.

I am confused. So how does all the other sources have the info (shares in the float)?

Shortsqueeze.com, Yahoo, IBD they all have the data.

How does morningstar not have it?