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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

Post by WBuffett1on Dec 09, 2019 12:05pm
177 Views
Post# 30436076

Revised IIROC Short Position Report

Revised IIROC Short Position ReportIIROC just released a revised report today (12/9) as the previous version released last Friday was wrong.

Latest short position of Home Capital (in CAN exchanges only) is 1,471,368, DOWN 83,095 or 5.35% from the 11/21 report

Short sellers are busy covering before dividend comes back next year. Dividends will add huge cost to short sellers on top of the borrowing cost, which btw will go up as the company continues to shrink size of outstanding shares with NCIB and SIB
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