{"slug":"non-marginable-securities-explained","qid":"under_five_trend","label":"Symbols closing the month below $5 and below $1, past two years","post_title":"Non-Marginable Securities: Reg T vs House","post_url":"/blog/non-marginable-securities-explained#q-under_five_trend","columns":["month","under_5_count","under_1_count"],"rows":[{"month":"2024-08","under_5_count":1869,"under_1_count":714},{"month":"2024-09","under_5_count":1862,"under_1_count":712},{"month":"2024-10","under_5_count":1832,"under_1_count":682},{"month":"2024-11","under_5_count":1778,"under_1_count":650},{"month":"2024-12","under_5_count":1795,"under_1_count":626},{"month":"2025-01","under_5_count":1772,"under_1_count":607},{"month":"2025-02","under_5_count":1845,"under_1_count":623},{"month":"2025-03","under_5_count":1956,"under_1_count":672},{"month":"2025-04","under_5_count":1955,"under_1_count":652},{"month":"2025-05","under_5_count":1903,"under_1_count":615},{"month":"2025-06","under_5_count":1869,"under_1_count":597},{"month":"2025-07","under_5_count":1867,"under_1_count":568},{"month":"2025-08","under_5_count":1833,"under_1_count":569},{"month":"2025-09","under_5_count":1791,"under_1_count":537},{"month":"2025-10","under_5_count":1822,"under_1_count":542},{"month":"2025-11","under_5_count":1908,"under_1_count":606},{"month":"2025-12","under_5_count":1955,"under_1_count":693},{"month":"2026-01","under_5_count":1931,"under_1_count":674},{"month":"2026-02","under_5_count":2001,"under_1_count":741},{"month":"2026-03","under_5_count":2128,"under_1_count":808},{"month":"2026-04","under_5_count":2036,"under_1_count":797},{"month":"2026-05","under_5_count":2056,"under_1_count":800},{"month":"2026-06","under_5_count":2149,"under_1_count":866},{"month":"2026-07","under_5_count":2281,"under_1_count":968}],"shape":"series","sql":"SELECT\n    formatDateTime(m, '%Y-%m')  AS month,\n    countIf(month_close < 5)    AS under_5_count,\n    countIf(month_close < 1)    AS under_1_count\nFROM\n(\n    SELECT\n        toStartOfMonth(date) AS m,\n        ticker,\n        argMax(close, date)  AS month_close\n    FROM global_markets.stocks_daily_aggs\n    WHERE date >= toStartOfMonth(today() - 730)\n      AND date <  toStartOfMonth(today())\n      AND volume > 0\n      AND close > 0\n    GROUP BY m, ticker\n)\nGROUP BY m\nORDER BY m","computed_at":"2026-08-22T04:17:35.057546+00:00","elapsed":1.977688457}