RE:Can someone shed some light?I checked also the major institutional owners and there does not seem any large shareholders rotating out of ENGH (https://www.morningstar.ca/ca/report/stocks/ownership.aspx?t=0P00005RWU). The top20 institutional shareholders were net buyers at the end of April. MAWER alone bought 140k shares. RBC was the biggest seller and sold 101k shares. This is older data, but it would suggest that it is not the institutional owners who are pushing the price down.
The shorts also do not seem to be unusually large (https://ceo.ca/ENGH => click short history on left), so it does not look like it is speculators either.
| Symbol | Issue Name | Shares | Net Change | Date |
| $ENGH.TO | ENGHOUSE SYSTEMS LIMITED | 312,854 | 21,850 | 6 May 2021 |
| $ENGH.TO | ENGHOUSE SYSTEMS LIMITED | 291,004 | -87,918 | 21 Apr 2021 |
| $ENGH.TO | ENGHOUSE SYSTEMS LIMITED | 378,922 | 24,747 | 7 Apr 2021 |
| $ENGH.TO | ENGHOUSE SYSTEMS LIMITED | 354,175 | -27,720 | 19 Mar 2021 |
| $ENGH.TO | ENGHOUSE SYSTEMS LIMITED | 381,895 | 184,004 | 5 Mar 2021 |
| $ENGH.TO | ENGHOUSE SYSTEMS LIMITED | 197,891 | -69,782 | 22 Feb 2021 |
| $ENGH.TO | ENGHOUSE SYSTEMS LIMITED | 267,673 | 65,999 | 5 Feb 2021 |
| $ENGH.TO | ENGHOUSE SYSTEMS LIMITED | 201,674 | -219,541 | 21 Jan 2021 |
| $ENGH.TO | ENGHOUSE SYSTEMS LIMITED | 421,215 | 20,745 | 7 Jan 2021 |
Maybe many small retail owners hit some psychological threshold. The price is now below what it was pre-pandemic and 36% below 52-week high of 80.91. On twitter, some people were also writing that they were selling ENGH to buy TOI earlier in the year.
I am about 11% underwater in my TFSA (12.5% of my portfolio) and 46% above water in my non-registered account (6.7% of my portfolio).
What do you guys think is going on? What other companies do you guys own? My aggregate portfolio in decreaseing size is:
EQB; ATD.B; DOL; CSU; BAM.A (and PVF.UN); ENGH; TOI; CTZ; ECN; CCL.B; GIB.A; CNR; MTY; NFI (thinking of selling); BYD; CTS; DND; WPK (thinking of selling)