Tidewater Renewables Ltd T.LCFS

Fighting the Shorts

[retiredcf]

Stocks are near record levels of valuation as markets head into the most volatile months of the year. Is it time for the short sellers’ famine to turn into a feast? Let’s look at what companies are targeted by this bearish group as of mid-September. If any are in your portfolio, you might want to double check your thesis.

Companies with high percentages of float sold short

With 26.8 per cent of its float sold short, Air Canada  occupies the No. 1 spot on the Top 20 companies by percentage of float sold short table (data provided by S3 Partners). COVID-19 continues to delay the airliner’s recovery, and fuel costs are on the rise. The short position may also reflect arbitraging between the airliner’s stock and convertible debentures.

There were four new entries on the table: Tidewater Renewables Ltd. , a newly listed Calgary-based company focused on renewable energy, Morguard REIT . a Mississauga-based company that owns retail, residential, office and other properties, Meta Materials Inc. , a Dartmouth-based developer of smart materials and photonics, and the Betapro Natural Gas 2x Bull ETF 

[Grandcentral]

Thanks for sharing RetiredCF. Do you have any interpretation as to why? I own a small amount, and was wondering why it didn't move up after the Canadian listing and equity raise - shorts can definitely halt a stock, especially if they dig their heels in and kill buying interest. Wish their were better regulations against shorts. I feel this is the aftermath of the meme stocks and redit

[retiredcf]

No idea why this company is being shorted and to be quite frank, I was surprised to see it on the list. GLTA