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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.


TSX:ATH - Post by User

Bullboard Posts
Comment by stock123on Dec 08, 2017 12:19pm
119 Views
Post# 27118330

RE:RE:Short interest position

RE:RE:Short interest positionThank you EstevanOutsider. I am familiar with that website. I agree, it does show a clear downward trend in the short traded volume for ATH. However. I am having dificulty understanding the figures in the first table.  I'm not sure that table shows the total number of shares sold short as of the date of the report. 

Here is a table for ATH that a poster provided in May of 2016 which shows an outstanding short position of 35.8 million shares as of May 15, 2016.:
https://www.stockhouse.com/companies/bullboard/t.ath?postid=24888216

If you look at the table for the corresponding period on shortdata.ca, it shows a short traded volume of 12.3 million shares for the May 16, 2016 report. I don't think this number is the same as the outstanding number of shares sold short as of May 16, 2016. If my interpretation is correct, even if the short traded volume for a given two week period is negligible, it does not tell us anything about the outstanding short position for the stock (i.e., whether the short position has increased or decreased since the previous report). 

For example, if you look at the December 1, 2017 report for Enbridge, shortdata.ca shows a short traded volume of 24.3 million shares with a value of $1.3 billion. But then, if you click on the "Largest Short Positions" tab, it shows a short position value for the stock of $28.4 billion. Since the stock price was approximately $48 on December 1, 2017, it would mean that, as of that date, the short position in the stock would have been approximately 591 million shares (that is, 28.4 billion divided by 48), if my interpretation is correct. So, the short traded volume of 24.3 million shares would not constitute the outstanding short position for the stock. I have posted a question on the bullboard for Enbridge, hoping that someone can confirm my interpretation of the data.

Does anyone know of a free website where one could get the biweekly outstanding short position number for all stocks, not just the largest ones? Thanks.


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