Keyera Corp T.KEY

Alternate Symbol(s): KEYUF

Energy Oil & Gas Midstream

Keyera Corp. is a Canada-based company, which operates an integrated energy infrastructure business. The Company operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment includes raw gas gathering systems and processing plants located in natural gas production areas primarily on the western side of the Western Canada Sedimentary Basin. The operations primarily involve providing natural gas gathering and processing, including liquids extraction and condensate stabilization services to customers. This segment also includes sales of ethane volumes. The Liquids Infrastructure segment provides fractionation, storage, transportation and terminalling services for natural gas liquids (NGLs) and crude oil. The Marketing segment is primarily involved in the marketing of NGLs, such as propane, butane, and condensate; and iso-octane to customers in Canada and the United States, as well as liquids blending.

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Keyera Corp > Strong Price Momentum

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Comment by Puma1backon Apr 15, 2024 1:33pm

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Post# 35989751

RE:RE:RE:RE:Strong Price Momentum

You have to go back to October 2021 to get a larger short increase in one period. At that time he stock ended up with a strong decline that took a while to crawl back up.

Puma1back wrote:
Wow, large pop in the shorts during last 2 weeks of March.

there were about 14 million traded in those 2 weeks at an average of $34.15 - so a long way from todays $35.35 plus

the short popped by 2.6 million or about 20% of the period trades. The Q1 don't arrive for another month , though internally the numbers are known. Maybe the market is pricing a dividend increase and the shorted is betting otherwise?

the stock has definitely been getting accumulated over the last year so an increase in the short is strange - time will tell.