GENM Short Position - Dec 15 - over 5% are short sales | Security Issue Name | Security Symbol | Exchange Code | No.Shares | Net Change |
| GENERATION MINING LIMITED J | GENM | TSX | 145,231 | -51,960 |
While the short positions decreased since Dec. 1, over 5% of all trades are still short sales (both by volume and number of shares.)
NOte that this is only a snapshot and one cannot know the true extent of short sales during the interim 2-week period between these IIROC reports.
Don't let anyone tell you that GENM is not short sold by abusive traders as a way to make small time gains at the expense of EGNM shareholders. Here is the proof that it is happening, we just don't know the true extent, and all this obscurity is compounded by a number of smaller exchange in Canada.
Short selling of micro caps (under $400M) should not be legal in Canada so as to avoid this type of situation from happening. | Security | Company Name | Listing Market | Short Sale Trades | % Total Trades | Short Traded Volume | % Total Traded Volume | Short Traded Value | % Total Traded Value |
| GENM | GENERATION MINING LIMITED J | TSX | 121 | 5.576 | 254035 | 5.407 | 221981 | 5.524 |
Source:
https://www.iiroc.ca/sections/markets/reports-statistics-and-other-information/short-sale-trading-statistics-and-reports