Low volumeThe volume on the stock is very low. The stock is not moving much.
In the last two weeks of March, the stock was knocked down by short-sellers.Someone using anonymous shorted about 4 million shares at an average selling share price of $.63
Today the stock is trading around $.58 the short seller is still in the money but not by much. Any buying interest will force them to cover.
I am surprised that someone would short the stock at so low prices and when WTI is above $60. Today WTI is above $64
Short Positions for SGY
| T : SGY | 2021-04-15 | 4,087,791 | -166,396 | 339,784,739 | 1.20 |
| T : SGY | 2021-03-31 | 4,254,187 | 3,943,028 | 339,784,739 | 1.25 |
| T : SGY | 2021-03-15 | 311,159 | -106,955 | 339,784,739 | 0.09 |
| T : SGY | 2021-02-28 | 418,114 | -51,768 | 339,784,739 | 0.12 |
| T : SGY | 2021-02-15 | 469,882 | 112,647 | 339,784,739 | 0.14 |
| T : SGY | 2021-01-31 | 357,235 | 114,670 | 339,784,739 | 0.11 |
House Positions for C:SGY from 20210315 to 20210331 | 33 Canaccord | 4,043,004 | 2,529,071 | 0.626 | 2,575,463 | 1,626,273 | 0.631 | 1,467,541 | -902,798 |
| 2 RBC | 4,474,746 | 2,809,735 | 0.628 | 3,419,091 | 2,137,142 | 0.625 | 1,055,655 | -672,593 |
| 7 TD Sec | 7,220,743 | 4,529,398 | 0.627 | 6,681,872 | 4,200,140 | 0.629 | 538,871 | -329,258 |
| 89 Raymond James | 246,233 | 152,386 | 0.619 | 21,515 | 13,251 | 0.616 | 224,718 | -139,135 |
| 22 Fidelity | 216,000 | 132,560 | 0.614 | 5,288 | 3,187 | 0.603 | 210,712 | -129,373 |
| 14 ITG | 179,000 | 111,580 | 0.623 | 5,200 | 3,185 | 0.613 | 173,800 | -108,395 |
| 9 BMO Nesbitt | 1,599,050 | 1,019,411 | 0.638 | 1,437,247 | 912,289 | 0.635 | 161,803 | -107,122 |
| 76 Industrial Alliance | 144,700 | 88,365 | 0.611 | 11,780 | 7,874 | 0.668 | 132,920 | -80,491 |
| 55 Velocity | 80,000 | 48,087 | 0.601 | 0 | | 80,000 | -48,087 |
| 77 Peters | 77,000 | 49,280 | 0.64 | 0 | | 77,000 | -49,280 |
| 80 National Bank | 1,371,940 | 865,680 | 0.631 | 1,307,019 | 810,704 | 0.62 | 64,921 | -54,976 |
| 124 Questrade | 574,925 | 358,950 | 0.624 | 532,491 | 331,418 | 0.622 | 42,434 | -27,532 |
| 39 Merrill Lynch | 34,527 | 21,173 | 0.613 | 7,500 | 4,780 | 0.637 | 27,027 | -16,393 |
| 72 Credit Suisse | 12,500 | 8,570 | 0.686 | 0 | | 12,500 | -8,570 |
| 70 Manulife | 4,000 | 2,680 | 0.67 | 0 | | 4,000 | -2,680 |
| 83 Mackie | 50,000 | 30,500 | 0.61 | 48,000 | 30,720 | 0.64 | 2,000 | 220 |
| 212 Virtu | 4,677 | 2,902 | 0.62 | 4,750 | 3,044 | 0.641 | -73 | 142 |
| 25 Odlum | 5,000 | 3,200 | 0.64 | 5,500 | 3,300 | 0.60 | -500 | 100 |
| 28 BBS | 4,800 | 2,945 | 0.614 | 5,714 | 3,588 | 0.628 | -914 | 643 |
| 53 Morgan Stanley | 13,640 | 8,721 | 0.639 | 15,500 | 9,329 | 0.602 | -1,860 | 608 |
| 57 Interactive | 16,000 | 10,575 | 0.661 | 22,000 | 13,490 | 0.613 | -6,000 | 2,915 |
| 19 Desjardins | 586,480 | 379,395 | 0.647 | 597,900 | 375,333 | 0.628 | -11,420 | -4,062 |
| 62 Haywood | 0 | | 14,000 | 9,222 | 0.659 | -14,000 | 9,222 |
| 5 Penson | 312,258 | 195,072 | 0.625 | 331,336 | 210,969 | 0.637 | -19,078 | 15,897 |
| 13 Instinet | 444,380 | 274,498 | 0.618 | 483,150 | 300,948 | 0.623 | -38,770 | 26,450 |
| 79 CIBC | 4,445,513 | 2,785,353 | 0.627 | 4,491,039 | 2,810,806 | 0.626 | -45,526 | 25,453 |
| 74 GMP | 40,000 | 28,000 | 0.70 | 92,150 | 59,130 | 0.642 | -52,150 | 31,130 |
| 88 Credential | 218,829 | 138,675 | 0.634 | 291,676 | 185,984 | 0.638 | -72,847 | 47,309 |
| 143 Pershing | 2,000 | 1,360 | 0.68 | 104,000 | 64,160 | 0.617 | -102,000 | 62,800 |
| 59 PI | 0 | | 177,000 | 112,375 | 0.635 | -177,000 | 112,375 |
| 85 Scotia | 1,228,060 | 784,582 | 0.639 | 1,501,322 | 931,773 | 0.621 | -273,262 | 147,191 |
| 82 Stifel Nicholas | 3,550,000 | 2,249,000 | 0.634 | 4,239,500 | 2,686,447 | 0.634 | -689,500 | 437,447 |
| 1 Anonymous | 7,955,200 | 4,993,146 | 0.628 | 10,726,202 | 6,753,981 | 0.63 | -2,771,002 | 1,760,835 |
| TOTAL | 39,155,205 | 24,614,850 | 0.629 | 39,155,205 | 24,614,842 | 0.629 | 0 | -8 |