It is alive The news and upmarket is helping the stock. The stock is trading at multi-year lows and most of the sellers have been exhausted at these very low prices. A few buyers are moving the stock. They were able to take out some of the blocks at the offer hitting a high of $.51 . After hitting a high of $.51 some sellers came out to hit the bids.
The stock has a short position of 5.2 m shares outstanding which is in profit. Some could be covering too and locking in profits. A decent volume of over 4 million shares already.
Not a bad initial move from rock bottom. It would require constant buying to reverse the trend. Its biggest challenge would be to get over the last financing price.
Short Positions for LABS
| T : LABS | 2021-03-15 | 5,295,680 | 823,390 | 257,947,759 | 2.05 |
| T : LABS | 2021-02-28 | 4,472,290 | 690,219 | 184,622,719 | 2.42 |
| T : LABS | 2021-02-15 | 3,782,071 | -939,867 | 155,550,487 | 2.43 |
| T : LABS | 2021-01-31 | 4,721,938 | -427,191 | 155,550,487 | 3.04 |
| T : LABS | 2021-01-15 | 5,149,129 | 541,467 | 144,325,075 | 3.57 |
| T : LABS | 2020-12-31 | 4,607,662 | 234,063 | 144,325,075 | 3.19 |
| T : LABS | 2020-12-15 | 4,373,599 | -12,677 | 144,325,075 | 3.03 |
| T : LABS | 2020-11-30 | 4,386,276 | 204,446 | 144,325,075 | 3.04 |
| T : LABS | 2020-11-15 | 4,181,830 | 644,667 | 139,675,492 | 2.99 |
| T : LABS | 2020-10-31 | 3,537,163 | -458,875 | 139,675,492 | 2.53 |
| T : LABS | 2020-10-15 | 3,996,038 | 524,391 | 136,285,841 | 2.93 |
| T : LABS | 2020-09-30 | 3,471,647 | 460,084 | 136,285,841 | 2.55 |
| T : LABS | 2020-09-15 | 3,011,563 | 501,575 | 136,285,841 | 2.21 |
| T : LABS | 2020-08-31 | 2,509,988 | 487,245 | 135,221,445 | 1.86 |
| T : LABS | 2020-08-15 | 2,022,743 | -308,077 | 135,221,445 | 1.50 |
| T : LABS | 2020-07-31 | 2,330,820 | -359,641 | 135,221,445 | 1.72 |
| T : LABS | 2020-07-15 | 2,690,461 | 199,401 | 135,221,445 | 1.99 |
| T : LABS | 2020-06-30 | 2,491,060 | 1,271,787 | 135,221,445 | 1.84 |
House Positions for C:LABS from 20210401 to 20210401 | 79 CIBC | 540,450 | 263,442 | 0.487 | 317,569 | 153,587 | 0.484 | 222,881 | -109,855 |
| 53 Morgan Stanley | 286,000 | 138,852 | 0.485 | 107,740 | 52,381 | 0.486 | 178,260 | -86,471 |
| 68 Leede | 148,000 | 71,040 | 0.48 | 2,000 | 980 | 0.49 | 146,000 | -70,060 |
| 88 Credential | 119,000 | 58,310 | 0.49 | 0 | | 119,000 | -58,310 |
| 14 ITG | 155,000 | 75,395 | 0.486 | 50,000 | 23,885 | 0.478 | 105,000 | -51,510 |
| 2 RBC | 380,983 | 182,789 | 0.48 | 309,839 | 150,542 | 0.486 | 71,144 | -32,247 |
| 80 National Bank | 156,161 | 76,217 | 0.488 | 92,079 | 44,951 | 0.488 | 64,082 | -31,266 |
| 13 Instinet | 61,620 | 30,086 | 0.488 | 5,500 | 2,675 | 0.486 | 56,120 | -27,411 |
| 19 Desjardins | 117,000 | 55,515 | 0.474 | 61,517 | 29,120 | 0.473 | 55,483 | -26,395 |
| 212 Virtu | 96,539 | 46,862 | 0.485 | 55,387 | 26,699 | 0.482 | 41,152 | -20,163 |
| 33 Canaccord | 320,261 | 154,583 | 0.483 | 293,096 | 142,525 | 0.486 | 27,165 | -12,058 |
| 72 Credit Suisse | 20,000 | 9,692 | 0.485 | 0 | | 20,000 | -9,692 |
| 76 Industrial Alliance | 10,000 | 4,850 | 0.485 | 0 | | 10,000 | -4,850 |
| 143 Pershing | 9,500 | 4,560 | 0.48 | 0 | | 9,500 | -4,560 |
| 59 PI | 2,500 | 1,212 | 0.485 | 0 | | 2,500 | -1,212 |
| 57 Interactive | 0 | | 1,325 | 622 | 0.469 | -1,325 | 622 |
| 124 Questrade | 31,022 | 15,136 | 0.488 | 42,300 | 20,960 | 0.496 | -11,278 | 5,824 |
| 7 TD Sec | 572,747 | 282,951 | 0.494 | 629,199 | 311,123 | 0.494 | -56,452 | 28,172 |
| 1 Anonymous | 1,055,646 | 512,948 | 0.486 | 1,253,370 | 609,924 | 0.487 | -197,724 | 96,976 |
| 9 BMO Nesbitt | 12,611 | 6,121 | 0.485 | 264,815 | 128,811 | 0.486 | -252,204 | 122,690 |
| 85 Scotia | 74,869 | 36,455 | 0.487 | 684,173 | 328,231 | 0.48 | -609,304 | 291,776 |
| TOTAL | 4,169,909 | 2,027,016 | 0.486 | 4,169,909 | 2,027,016 | 0.486 | 0 | 0 |