ARX.TO (ARC Resources) has ugly and significant short Based on the latest financial disclosure, ARC RESOURCES LTD has a Short Ratio of 15.49 times. This is nearly 200% higher than that of the Energy sector and 300% higher than that of the Oil and Gas E&P Industry. That's ugly. This short position is way to significant to have my interest and the shorts position isn't seemingly interested in coving or slowing.
Tourmaline (TOU.TO) on the other hand has a short position of just 1.39% of the total share float and the short portion of Tourmaline is the lowest right now than it has been in ~ a year.
Even if you can't read technicals or charts. Compare TOU's chart to ARCs chart. TOU obviously has a way more solid and confirmed chart and technicals as well.
I'm glad someone mentioned the special dividend. Last Fall TOU paid a special dividend and hinted at more to come. This special dividend was 75 cent per share and equaled many years worth of ARC dividends all in one shot. For me personally it was massive as I've accumulated TOU shares since 2012. I welcome more of these special dividends that have been said to be coming.