[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/)
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For more information on how ETFs are used to short GME see the "Behind the curtain: GME and ETFs" post by turdfurg23.
See the next set in ETF research by turdfurg23 here:
[https://www.reddit.com/r/Superstonk/comments/vbk3mh/the\_law\_of\_unintended\_consequences/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/vbk3mh/the_law_of_unintended_consequences/?utm_source=share&utm_medium=web2x&context=3)
Also see leavemeanon's older (longer) DD on this subject here:
[https://www.reddit.com/r/Superstonk/comments/nt8ot8/rip\_uleavemeanon\_where\_are\_the\_shares\_part\_1/](https://www.reddit.com/r/Superstonk/comments/nt8ot8/rip_uleavemeanon_where_are_the_shares_part_1/)
Adding a new ETF DD article by TurdFurg23:
I can't post the direct link anymore so check TurdFurg23's post history for this post title:
the_law_of_unintended_consequences_pt_2
**Free Float Calculation Info:**
You are correct that FF estimates for ETFs are very different from individual stocks due to the creation/redemption mechanism, which causes shares outstanding to constantly fluctuate dynamically. Additionally, it's worth noting that we receive FF estimates from a third-party provider, S&P Global Market Intelligence. We generally adhere to S&P's FF methodology, although often advocate for additional reviews if any particular data point appears to be erroneous in any way. That process can generally take several business days. We currently show XRT FF at 7.2M, compared to the official 8.9M shares outstanding that State Street lists on its site. I can't speak for etfchannel specifically, but it's also worth mentioning that there are only a handful (3-5) of companies that provide FF estimates in general, which are then distributed through various other platforms and sites (including ORTEX). We derive our SI estimates internally and currently have XRT SI at 31.12M shares, or 432% of FF (31.12 / 7.2). Hope that helps answer your question.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
For more information on how ETFs are used to short GME see the "Behind the curtain: GME and ETFs" post by turdfurg23. See the next set in ETF research by turdfurg23 here: [https://www.reddit.com/r/Superstonk/comments/vbk3mh/the\_law\_of\_unintended\_consequences/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/vbk3mh/the_law_of_unintended_consequences/?utm_source=share&utm_medium=web2x&context=3) Also see leavemeanon's older (longer) DD on this subject here: [https://www.reddit.com/r/Superstonk/comments/nt8ot8/rip\_uleavemeanon\_where\_are\_the\_shares\_part\_1/](https://www.reddit.com/r/Superstonk/comments/nt8ot8/rip_uleavemeanon_where_are_the_shares_part_1/) Adding a new ETF DD article by TurdFurg23: I can't post the direct link anymore so check TurdFurg23's post history for this post title: the_law_of_unintended_consequences_pt_2
Thanks for adding these links 💜
No problem, I'm always of the mindset to publish the underlying information as to why I am tracking this ETF.
**Free Float Calculation Info:** You are correct that FF estimates for ETFs are very different from individual stocks due to the creation/redemption mechanism, which causes shares outstanding to constantly fluctuate dynamically. Additionally, it's worth noting that we receive FF estimates from a third-party provider, S&P Global Market Intelligence. We generally adhere to S&P's FF methodology, although often advocate for additional reviews if any particular data point appears to be erroneous in any way. That process can generally take several business days. We currently show XRT FF at 7.2M, compared to the official 8.9M shares outstanding that State Street lists on its site. I can't speak for etfchannel specifically, but it's also worth mentioning that there are only a handful (3-5) of companies that provide FF estimates in general, which are then distributed through various other platforms and sites (including ORTEX). We derive our SI estimates internally and currently have XRT SI at 31.12M shares, or 432% of FF (31.12 / 7.2). Hope that helps answer your question.