RE:Short InterestThe short reports can be found here
Short Sale Trading Summary Report and Consolidated Short Position Report (iiroc.ca) There are two reports, the one I provided info from yesterday is the
Short Sale Trading Statistics Summary Report (SSTSSR) It does not tell us the outstanding short position, it only tells us the volume of trades that were listed as being short when they were made during the last half of Feb. (some of these short traders may have already covered, and it does not take into consideration how many shares were outstatnding as short at the beginning of the period.)
The
Consolidated Short Position Report (CSPR) will tell us the outstanding short position as of the end of Feb but it will not be released until likely friday. (and by then we don't know how many more shares have been shorted or covered)
as of the last report (Feb 22, which stated the outstanding shorts as of Feb 15th)
Pyr position was as follows | Security Issue Name | Security Symbol | Exchange Code | No.Shares | Net Change |
| PYROGENESIS CANADA INC. J | PYR | TSX | 812077 | 85785 |
And so if it started the last half of Feb short 812,077 shares, and we know that an additional 1,717,918 were traded short meaning that the maximum short position should be 2,529,995 but it will likely be less than this since some will have covered. (definitely some will have covered, and quite possibly the outstanding short could actually decrease)
I will post the consolidated positions when I see they are out.
Also you made a small error, 1.7mil / 78.9mil is just over 2% not 20%
islandbrook wrote: According to qwerty76, the short interest as at Feb.26 was 1,717,918 shares. According to information that was provided to me by the company, the flloat as at Jan, 25, was 78,875,479 shares. This represents a 21.7% ratio. The "rule of thumb" is that anything over 20% has the potential to start a short squeeze.Obviosly the higher the percentage the higher lighthood of a squueze occuringi. A NASQD listing and a couple of strong press releases could set one off.