Nasdaq is proposing tighter rules to prevent companies from using reverse stock splits to avoid delisting without addressing underlying compliance issues. Specifically, Nasdaq aims to ensure that companies do not gain additional time to regain compliance if the reverse split results in another violation. Additionally, short interest on the Nasdaq fell by 1.8% in late June, while short interest on the New York Stock Exchange (NYSE) decreased by 2.9% during the same period. These changes were reported on Wednesday.