RE:RE:RE:RE:RE:RE:STILL A MASSIVE 21.5+ MILLION SHARES SHORTS!!!Recent short activity
| Security Issue Name | Ticker | Exchange | Nbr. Shares Shorted | Net Change | %UP | Out. Sh. | % Out Sh. | Low Price / Sh. | High Price / Sh. | AS of | Diff. H-L | %diff/L |
| BAYTEX ENERGY CORP. | BTE | TSX | 23 374 066 | (1 252 919) | -5% | 564,2 M | 4,14% | 1,96 $ | 2,24 $ | 2021-08-15 | 0,28 $ | 14,3% |
| BAYTEX ENERGY CORP. | BTE | TSX | 22 186 348 | (1 187 718) | -5% | 564,2 M | 3,93% | 1,86 $ | 2,20 $ | 2021-08-31 | 0,34 $ | 18,3% |
| BAYTEX ENERGY CORP. | BTE | TSX | 22 380 069 | 193 721 | 1% | 564,2 M | 3,97% | 2,13 $ | 2,77 $ | 2021-09-15 | 0,64 $ | 30,0% |
| BAYTEX ENERGY CORP. | BTE | TSX | 23 046 469 | 666 400 | 3% | 564,2 M | 4,08% | 2,60 $ | 3,59 $ | 2021-09-30 | 0,99 $ | 38,1% |
| BAYTEX ENERGY CORP. | BTE | TSX | 21 603 070 | (1 443 399) | -6% | 564,2 M | 3,83% | 3,46 $ | 3,88 $ | 2021-10-15 | 0,42 $ | 12,1% |
Remember, numbers above are generate normally by a short term trend !!!
My understanding is, normally shorters want to play short term 10 - 20 days or less depend if the diff. between high and low s/p for the 15 days period is high.
Each time the stock price consolidate to the high share price, the shorts leave, to risky to be sqeeze ! But new shorts may appears !!!
More volatility increase the possibililties of shares shorted.
More stability decrease the possibililties of shares shorted.
The shares short that we see above is the cumulative at this date, ex. oct 15 == 21,603,070 !
Example of a possible short trading period :
Shares shorted as of sept 30th : 23,046,469
Net new shares shorted during the period : +35,000,000
Shares Shorted buyback during period :
- 36,443,399 Shares shorted as of oct. 15 :
21,603,070
At the end it's now only 3,83% of the out. Shares !!!
The most interesting for Baytex is the cumulative shares shorted are down for 5,000,000 shares compare to march 15 2021 ! Correct me if, I am wrong, your comments are always appreciate !
GL LONGS !