Alimentation Couche-Tard Inc T.ATD

Alternate Symbol(s): ANCTF

Consumer Defensive Grocery Stores

Alimentation Couche-Tard Inc. is engaged in convenience and mobility, operating in about 29 countries and territories, with more than 16,700 stores, of which almost 13,100 offer road transportation fuel. With its Couche-Tard and Circle K banners, the Company is an independent convenience store operator in the United States, and it is engaged in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, as well as in Ireland. It also has a presence in Poland, Hong Kong Special Administrative Region of the People's Republic of China, Belgium, Germany, Luxembourg, and the Netherlands. Its North American network consists of about 17 business units, including 14 in the United States covering 47 states and three in Canada covering all 10 provinces. In Europe, it operates a broad retail network across Scandinavia, Ireland, Poland, and the Baltics through seven business units. Its operating brands include Circle K, Couche-Tard, and Ingo.

TSX:ATD - Post by User

Alimentation Couche-Tard Inc > Short Positions Decline 20%

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Post by GeorgianBayGuyon Feb 23, 2021 8:28am

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Post# 32634747

Short Positions Decline 20%

Over the past two weeks, as of February 16th, here is a look at the active short positions for ATD:

@ Feb 16 = $615.6M
@ Feb 01 = $735.0M
Change = -$119.4 M (19.4%)

Shorts are unwinding at a good pace following the Carrefour issue. A few more biweekly reports like this and we will be back in a normal range of short trading for ATD. Positive signal.

It would be nice to see a bit of a squeeze on the shorts leading into the Q3 earnings announcement on March 17th.

-GBG

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