Short Interest as at April 15th3.2MM short as at April 15th
it's my view that whoever commissioned the report was shorting all the way down from the $9.80 financing - they likely then used the release of the report to stage their buy back as retail and other investors were panic selling into it.
i am curious to see where the numbers lie in the month end report. perhaps there will be no "squeeze" based on the foregoing, but in any event, i truly believe we are at a turning point for the stock to regain some upwards momentum.
some new M&A announcements from either WELL or CRH would really set things off. i also look forward to Q1 earnings which will be coming up in a couple weeks.
https://www.canadianinsider.com/short-report?ticker=WELL