GREY:XEBEQ - Post by User
Comment by
Ciaoon Dec 23, 2020 12:44pm
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Post# 32170030
RE:RE:Baffled
RE:RE:Baffled The short position has dropped about 3M shares from Dec. 15 to Dec. 21
Symbol | Issue Name | Shares | Net Change | Date |
$XBC.V | XEBEC ADSORPTION INC. | 4,716,924 | 4,443,262 | 21 Dec 2020 |
Some may have also shorted, hoping that the share price would drop close to the $5.80 financing price.
Mick67 wrote: As pleasant as the ride has been it is disparaging to see the divergence in the US players and XBC. The short position is growing big time indicating that most sellers since the deal have been hedging their position and account for most of the trade after the deal. As this cleans up, analysts update their targets, it gets an uplisting and more eyeballs, and the valuation difference becomes clear I believe we see a double digit share price soon.