Bullboard - Stock Discussion Forum Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DFNPF | DVSPF | T.DFN.PR.A

Dividend 15 Split Corp. is a Canada-based mutual fund, which invests primarily in a portfolio of dividend yielding common shares, which includes approximately 15 Canadian companies. The Company offers two types of shares, including Preferred shares and Class A shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly... see more

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TSX:DFN - Post Discussion

Dividend 15 Split Corp > More shorts piling on DFN

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Post by mouserman on Jul 10, 2023 12:45pm

More shorts piling on DFN

I see the short position has now jumped to over 1% of the float. More commons than preferreds out by quite a big number...something bad this way comes....

Short Positions for DFN

Symbol	Report Date	Volume	Change	Shares Issued	% Float
T : DFN	2023-06-30	1,313,954	205,363	120,012,152	1.09
T : DFN	2023-06-15	1,108,591	393,158	118,909,752	0.93
T : DFN	2023-05-31	715,433	286,847	118,909,752	0.60
T : DFN	2023-05-15	428,586	74,413	118,909,752	0.36
T : DFN	2023-04-30	354,173	-69,660	116,358,552	0.30
T : DFN	2023-04-15	423,833	-255,520	112,595,652	0.38
T : DFN	2023-03-31	679,353	-72,455	112,595,652	0.60
T : DFN	2023-03-15	751,808	211,311	112,595,652	0.67
T : DFN	2023-02-28	540,497	97,734	109,642,752	0.49
T : DFN	2023-02-15	442,763	-102,753	107,093,052	0.41
T : DFN	2023-01-31	545,516	43,505	107,093,052	0.51
T : DFN	2023-01-15	502,011	-80,266	107,093,052	0.47
T : DFN	2022-12-31	582,277	49,218	105,688,952	0.55
T : DFN	2022-12-15	533,059	255,608	105,688,952	0.50
T : DFN	2022-11-30	277,451	-119,144	104,700,252	0.26

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Comment by AnEducator on Jul 10, 2023 2:06pm

Hey MM, do you need a subscription to access the current shares outstanding info on Stockwatch? Could you kindly post the current levels for both the capital shares as well as the preferreds? Thx! I use the free TMX site, but their info is definitely either erroneous or dated and is of little use.

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Comment by Inglewood on Jul 10, 2023 3:12pm

@AnEducator: If you go to the ceo.ca website... on the left hand side of the page, under the price chart is a button "Shorts"... you click on that, you get the same info for free.>> https://ceo.ca/dfn <<

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Comment by Inglewood on Jul 10, 2023 3:18pm

Symbol Issue Name Shares Net Change Date $DFN-PR-A.TO DIVIDEND 15 SPLIT CORP. PR 45,401 -72,174 29 Jun 2023 $DFN-PR-A.TO DIVIDEND 15 SPLIT CORP. PR 117,575 35,455 14 Jun 2023 $DFN-PR-A.TO DIVIDEND 15 SPLIT CORP. PR 82,120 12,154 ...more

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Comment by AnEducator on Jul 10, 2023 4:10pm

Your post was very helpful, Inglewood. I could never access short positions on CEO.ca for the preferreds since they use unconventional symbology. This is certainly useful info. Thx again!

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Comment by AnEducator on Jul 10, 2023 3:46pm

Thx Inglewood, but I need the number of shares outstanding for DFN and DFN.PR.A to see what the current imbalance is between the two. As of May 15, there were about 4,000,000,000 more capital shares outstanding than preferreds - a huge amount which needs to be rectified at some point. I'm curious if Quadraves has been attempting to do so over the last couple of months and where the share ...more

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Comment by mouserman on Jul 10, 2023 3:55pm

Yes this where SW really shines they continually updat4e Outstanding share counts. And as far as I can tell the imbalance has been growing. At the end of MAY there was only about 3 million share difference. ATM machine has been selling DFN commons at a huge premium, creating a new breed of losers...

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Comment by AnEducator on Jul 10, 2023 4:05pm

Do you need to be a subscriber to access that info? I cannot for the life of me see any link for info on the number of shares outstanding. Can you provide some guidance? Much appreciated.

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Comment by mouserman on Jul 10, 2023 4:11pm

Yes i have a 10$ monthly subscription and is worth every penny. But i may have a more curious mind than many who invest.,

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Comment by AnEducator on Jul 10, 2023 4:27pm

Thx as always MM for your helpful posts.

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Comment by mouserman on Jul 10, 2023 4:03pm

AS of today, DFN commons have 120, 012,152 shares OS and the DFN preferreds have 116, 016,652. SO hasnt changed much since JUNE 15 numbers... MAY 15 there was more than 4 million but doesnt appear the ATM machine has helped with the inequity between the 2 classes of the split fund shares.

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Comment by Inglewood on Jul 10, 2023 4:49pm

So going back to the freebie ceo.ca site... Preferreds: share count is on the left hand of the page: https://ceo.ca/dfn-pr-a .Not super precise, but it states the shares outstanding as 120.01 million. Commons: same story, left hand of the page states it as 116.02 million. https://ceo.ca/dfn My pleasure to be of any assistance. I appreciate the updates you and MM provide.. big time!

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Comment by mouserman on Jul 10, 2023 5:15pm

That is actually opposite. There are 4 million MORE commons than preferreds out. Inglewood attached the numbers to wrong share class.

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Comment by mouserman on Jul 10, 2023 3:44pm

I use stockwatch and have for years, and bank brokerages dont give anything close to the real volumes for the day. At times ATS systems ( not covered by typical bank platforms) are over 50% of the daily volume. Here is the data for preferreds and as I would have expected , it is very low % of the float. Short Positions for DFN.PR.A Symbol ...more

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Dividend 15 Split Corp