RE:Update on short sales at IB brokersFurther update on EXROF shares IN THE US available for Borrowing.... thru IB Brokers.
January 60,000 shares
Feb 17 626,000 shares
June 7 1,372,000 shares
The numbers point out that liquidity of EXRO in the US has expanded greatly over the last 5 months.
The most recent short report(Stockwatch) for Canada shows 556K short....out of the new total shares of 167,523,227 (post financing)....for a short % of .33%. Thats an incredibly low number for any stock.... and for exro the last time it was this low was back in March of 2021.
With the share price stabilized and volumes surprisingly steady ( even after the liquidity event) perhaps the next big announcement will be the move to the full NASDAQ listing. Given that EXRO can manufacture products and sell software for the green "revolution" :))) I think a lift in the share price and the expansion of the market for the shares is pretty close.
I see on SEDI.ca that options were just awarded to the senior officers and directors at 2.12 price expiring 2028...... awarded May 31 and posted June 5. This is in addition to rights granted to the same group. This would be housekeeping before any activities that would cause blackouts etc.
GLTA
MC