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Aurora Cannabis Inc T.ACB

Alternate Symbol(s):  ACB | T.ACB.WS.U

Aurora Cannabis Inc. is a Canada-based medical cannabis company. The Company's principal business lines are focused on the production, distribution, and sale of cannabis related products in Canada and internationally. The Company’s segments include Canadian Cannabis, European Cannabis and Plant Propagation. The Company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, Whistler, Being and Greybeard, as well as CBD brands, Reliva and KG7. Its medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co, as well as international brands, Pedanios, Bidiol and CraftPlant. Its cannabis products are primarily cultivated and manufactured in the facilities in Edmonton, Alberta; Bradford Ontario; Pemberton, British Columbia, and Odense, Denmark. The Company is focused on offering its cannabis products to global medical cannabis market, recreational cannabis market and global hemp-derived cannabidiol (CBD) markets.


TSX:ACB - Post by User

Bullboard Posts
Comment by Analystguyon Oct 25, 2018 7:38pm
70 Views
Post# 28874996

RE:RE:RE:RE:Question for short sellers

RE:RE:RE:RE:Question for short sellersLooking at https://www.stockwatch.com/Quote/Detail.aspx?symbol=ACB&region=U ACB , the total volume traded on the NYSE is much more than that reported on the naked short report for each day.
 
Date            Ex    Sym   Open   High    Low    Close    Chg    Vol            #Tr            Bid    Ask
2018-10-25    Z    ACB    7.08    7.69    7.00    7.49    0.22    21,225,393    63,322    7.29    7.34
2018-10-24    Z    ACB    8.22    8.23    7.15    7.27    -0.43    27,674,805    93,110    7.28    7.40
2018-10-23    Z    ACB    7.51    8.63    7.01    7.70    -11.35   39,836,226  139,416    7.70    7.94

According to https://nakedshortreport.com/company/ACB, it appears that ACB is under attack with over 50% of the volume being sold short.

Date     Close     High     Low     Volume             Short Volume     % of Vol Shorted
Oct 25     NA     NA     NA     7,264,671     4,691,067     64.57
Oct 24     NA     NA     NA     9,149,694     5,498,215     60.09
Oct 23     NA     NA     NA     12,753,724     6,475,413     50.77

The volumes between these two reports don't add up. For example, Oct 23rd total volume shown on stockwatch is 39 million shares while on naked short report total volume is 19 million (13m + 6m). Can anyone explain why the difference?
Bullboard Posts