Sir Royalty Income Fund SIRZF

Late day bump up

[Robsopinion]

Has anyone noticed that there is often a trade late in the day that seems to bump up the price before closing? It often triples the bid/ask spread. I wonder if someone is using this technique to ensure margin balances are covered? With the low volume this stock is ripe for short term manipulation.

[BlueJay2020]

i have noticed the pattern but don't have an answer. Very low volume today. Don't know why anyone would short this stock at present!   

[Robsopinion]

I'm not trying to say anyone is shorting it, I'm saying they are long, but using borrowed money. In a margin account you can borrow against the value of investments within your account, but if the value drops below the amount allowed you get a margin call and need to sell off equities or inject cash into your account.  The bump up just seems to happen more often than it should, and