RE:Glh currently has 1.5 mil shares on short position. Interesting. thanks for reminding. The report is for the first two weeks of June. This is my thoughts.
Assuming all the shorting was by one player only trades by TD, Anonymous and Haywood have sold more than 1.04 M shares. RBC sold 1.07 M but not abnormal as there were 2.5x more buy though it. So TD, Anonymous and Haywood remain the houses to investigate.
1. Anonymous:
Pro: I showed before anonymous was mainly representing Canaccord in 2019Q4. So Maybe Canaccord is keeping the stock down till the meeting with debenture holders to obtain new shares at a better price for the interest payments.
Con: Canaccord have shares itself. Why to short? it can sell its own shares.
My worry is that Canaccord pour those shares in the market afterward. What they did after August 2019.
2. Haywood has sold almost 3.5% of the outstanding shares since January. I strongly guess this has to have ties with en ex-insider as not many have this much shares. and have discussed it. But selling his own shares is fine but do not understand why is shorting if true.
3. TD:
TD is my first suspicion. It is a shame if they are using their client shares to short without explicit permissions. I have asked them before about it and they denied it. Not sure if there is any other way to investigate it beyond their words which I do not trust.
Sorry this is all what I can say. Wish I knew more.