Financial 15 Split Corp T.FTN

More selling on FTN commons today

[mouserman]

Seems FTN is playing second fiddle to the likes of FFN, DGS, DFN and others.... who have slightly higher yields, but WAYYYY less safety.
ANON has been the main seller, and a big portion of that is shortsellers.

House Positions for C:FTN from 20240215 to 20240229

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
7 TD Sec	1,107,913	8,588,438	7.752	718,988	5,569,438	7.746	388,925	-3,019,000
124 Questrade	186,714	1,437,575	7.699	20,101	155,900	7.756	166,613	-1,281,675
2 RBC	409,060	3,171,005	7.752	335,454	2,596,644	7.741	73,606	-574,361
85 Scotia	247,614	1,923,924	7.77	174,786	1,359,437	7.778	72,828	-564,487
9 BMO Nesbitt	104,291	808,835	7.756	51,740	400,272	7.736	52,551	-408,563
19 Desjardins	94,105	727,323	7.729	71,989	559,378	7.77	22,116	-167,945
80 National Bank	275,499	2,133,380	7.744	256,138	1,979,269	7.727	19,361	-154,111
13 Instinet	44,918	347,115	7.728	37,800	292,290	7.733	7,118	-54,825
14 Virtu ITG	20,374	157,413	7.726	14,016	108,335	7.729	6,358	-49,078
33 Canaccord	6,645	51,745	7.787	2,050	15,886	7.749	4,595	-35,859
70 Manulife	4,310	33,790	7.84	0			4,310	-33,790
57 Interactive	3,667	28,548	7.785	895	6,951	7.766	2,772	-21,597
53 Morgan Stanley	2,400	18,422	7.676	757	5,867	7.75	1,643	-12,555
39 Merrill Lynch	58,929	455,222	7.725	57,437	444,528	7.739	1,492	-10,694
28 CI	549	4,281	7.798	0			549	-4,281
48 Laurentian	120	924	7.70	0			120	-924
84 ITG84	6	45	7.50	0			6	-45
36 Latimer	3,850	29,802	7.741	5,447	42,158	7.74	-1,597	12,356
59 PI	0			3,900	29,787	7.638	-3,900	29,787
79 CIBC	372,155	2,882,808	7.746	383,294	2,970,727	7.751	-11,139	87,919
83 Research Cap	0			13,000	100,060	7.697	-13,000	100,060
5 Citadel	6,536	50,789	7.771	19,775	153,153	7.745	-13,239	102,364
88 Credential	100,002	770,823	7.708	123,055	952,652	7.742	-23,053	181,829
76 iA	0			26,870	209,046	7.78	-26,870	209,046
1 Anonymous	548,786	4,254,790	7.753	1,280,951	9,925,231	7.748	-732,165	5,670,441
TOTAL	3,598,443	27,876,997	7.747	3,598,443	27,877,009	7.747	0	12

[Richou77]

Hi Mouserman, I just registred with Stockhouse, even if I follow FTN and DFN since a long time and you by the way, to comment on your last post. First of all, I appreciate your daily update on the NAV of FTN (I no longer have any DFN), it's really usefull. And for your last comment, I agree 100% with the first part of it, but I dont think that Anonymous is shortselling right now. I use

[mouserman]

Just because ANON sells that much, does not mean when the they are buying back they use ANON again. Really is nothing to hide when you are buying/covering your short. So because the short positions are given only 2 times a month, one cannot say who is covering, as they likely use the bank or other large brokerage to cover. My sources say it is normaly institutional that shortsells in a big way