Wall maybe you can answer or anyone else for that matter I'm a little confused

Question

Ok right now I&#x27;m heavily into KWK and I noticed before that 176million of their 178 million shares outstanding are held by insiders and institutions. Do institutions have to file like insiders when they sell/buy shares or do they just have to file it if they own more then 10 percent?If so, how can the average shares traded in a day be 2 million shares? Is it basically the institutions trading it all day and they only have to report the change of ownership at the end of the quarter?

bill702 · Answer

Ok right now I&#x27;m heavily into KWK and I noticed before that 176million of their 178 million shares outstanding are held by insiders and institutions. Do institutions have to file like insiders when they sell/buy shares or do they just have to file it if they own more then 10 percent?If so, how can the average shares traded in a day be 2 million shares? Is it basically the institutions trading it all day and they only have to report the change of ownership at the end of the quarter?

wallstreetcappers · Answer

bill,The trading float can be different than shares outstanding..So if a firm holds the shares on margin then there are likely millions of shares which are able to be traded because they are either margins or sold in covered calls etc.

Wall maybe you can answer or anyone else for that matter I'm a little confused

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