RE:Shorts updatetraderlong2 wrote: This could get very interesting
Short volume has doubled
glta
Symbol | Issue Name | Shares | Net Change | Date |
$AQN.TO | ALGONQUIN POWER & UTILITIES CORP. | 23,717,200 | 11,124,965 | 15 Jan 2023 |
$AQN.TO | ALGONQUIN POWER & UTILITIES CORP. | 12,592,235 | -1,048,480 | 31 Dec 2022 |
$AQN.TO | ALGONQUIN POWER & UTILITIES CORP. | 13,640,715 | -996,212 | 15 Dec 2022 |
$AQN.TO | ALGONQUIN POWER & UTILITIES CORP. | 14,636,927 | -2,118,009 | 30 Nov 2022 |
$AQN.TO | ALGONQUIN POWER & UTILITIES CORP. | 16,754,936 | 3,531,432 | 15 Nov 2022 |
Small % of shares outstanding held short.
Short interest here more informed than longs.
Those selling short today are expecting AQN to pursue issuance of shares to reduce debt mountain. Worst time to issue new shares is after massive devaluation. Harms existing shareholders.