Fighting the Shorts Companies with notable changes in short interest over the month
The table, Top 10 companies with notable 1-month increases in short sales, shows the largest increases in the dollar value of short interest for companies with 3.5 per cent or more of float sold short. Telus Corp. stands out with a particularly large jump in short interest.
Note: short interest may not always be a speculation on lower prices. It can also reflect hedging or arbitrage exploiting price discrepancies between stocks and convertible securities.
Top 10 companies with notable 1-month increases in short sales (as of April 16)
COMPANY | TICKER | 1-MONTH RISE IN SHORT SALES ($-MIL) | % OF FLOAT SHORT |
Telus Corp. | T-T | $1,249.8 | 7.5% |
Emera Inc. | EMA-T | $90.5 | 5.9% |
Sun Life Financial | SLF-T | $87.7 | 3.5% |
Shaw Com Inc. | SJR-B-T | $85.1 | 5.6% |
Boralex Inc. | BLX-T | $80.8 | 4.3% |
Lithium Americas Corp. | LAC-T | $77.9 | 13.4% |
Power Corp. Canada | POW-T | $73.3 | 5.6% |
Voyager Digital Ltd. | VYGR-T | $59.2 | 5.1% |
Arc Resources Ltd. | ARX-T | $55.8 | 7.9% |
GoEasy Ltd. | GSY-T | $45.6 | 7.3% |