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Home Capital Group Inc 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

Bullboard Posts
Comment by wildrunner11on Jul 25, 2019 11:27am
141 Views
Post# 29959306

RE:RE:Short Update (HMCBF -5.95, 2019/07/24) NAHNU!,NAHNU!

RE:RE:Short Update (HMCBF -5.95, 2019/07/24) NAHNU!,NAHNU!Interesting shorting on HCG has only gone down 225k shares from peak so app 5% decrease but....

HCGBF has gone down slightly over 2m share from peak app. 22% decease.

Someone has realized that maybe shorting Home is no longer a good idea. Since Feb when the peak on short shares occurred the stock has gone up $7 with 2.225 short shares repurchased only 11.3m share left to repurchase. 

This is should be fun, 
Bullboard Posts