RE:Shorts Are Getting BurnedI don't know what data you are referring too but they are not the 5th higest shorted stock on the tsx. It's canopy that is the 5th highest shorted stock on the tsx and they dropped from a record high of 48 to 43.
Stockemups wrote: Acb was the 5th highest shorted stock on the tsx from June 1st to June 15th. Acb share price on June 1st closed at $8.06. ACB share price on June 15th closed at $9.06. That is a big ouch to the shorts. Now, ACB closed at $ $9.99 on June 22nd. Another huge ouch for the shorts.
Therefore, The shorts are trying to crush this stock and it keeps going up. The shorts are getting burned big time. I want to see the big short squeeze this week.
Tesla Style.
cheers,
Stockemups