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Home Capital Group Inc HMCBF


Primary Symbol: T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.


TSX:HCG - Post by User

Home Capital Group Inc
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Comment by davidaudon Dec 03, 2016 3:10pm
93 Views
Post# 25550927

RE:shorts have gone awfully quiet..

RE:shorts have gone awfully quiet..,
Shorts may appear to have 'gone quiet' but they actually increased from 19,100,000 to 20,177,000 from Sept 30 to Nov 15 - 30+% of shares outstanding!
 
It looks like I am wrong again. I thought the rising HCG stock price through November was reflecting a reduction in short sales. If and when that happens, in some panic, the share price could easily double  and possibly more.
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