Short ReportShort report shows increased short position to almost 97k shares as of Jan 31. The largest since it started trading on the TSX. Relatively small but growing.
I watch trades of many equities daily and saw the recent run of CUB. It was 2 whole days of buying pressure Jan 28 and 31st. The large majority of buying was Canaccord Genuity (yes, I see they initiated coverage). Buying pressure essentially ended Jan 31 and I haven't seen subsequent buys from them since. Now asks are building again and there is a block of over 48k shares for sale at $1.20. Last sales as of this writing were from RJ.
But it doesn't matter. While Twitter was cheering the 2 day share price increase along with the CUB Twitter account doing the same, with a now official 5 months since the last modules sales (Fresh Hub), of which we will see several more in the not too distant future as per the September '21 BNN interview, continuous hiring, and no financing required in the foreseeable future as commented in the last December interview, all is well.
While the cheering is going on, I watch the asks build up. Again.lol