Dear All,
After market close today the sign of the factors and functions that return number of shares sold by insiders will be changed to be +ve to be more consistent with institutional factors and functions (note that other possible values that can be returned are 0 or N/A ), and generally create less confusion.
We’re sorry we didn’t make the switch sooner when we released the new Institutional/Insider factors and functions announced here . We didn’t want to break existing systems using the legacy factor Ins#ShrSold, but as it turned out, most systems were using wrong, with the assumption that the number was positive. This is what most users were doing “Ins#ShrPurch > Ins#ShrSold” which assumes they are both +ve.
We also sent out an email to all the current users using the legacy factor.
Sorry for the run-around and confusion.