Short interest getting squeezed ? Good news coming ... ?Very interesting. If you checkout the latest short interest report from the TSX (link posted below to page with the reports), you can see that Verde has over 830,000 shares that are short.
From the Verde presentation last week it seems like lots of good news could be on the way. A restatement and uplift in guidance ? Both for this year and next ? A new pfs on a 50m pa production scenario ?
It feels like this market is building its own momentum. If the company can deliver more strong news then these shorts could get squeezed very hard, and very fast.
Interesting times !
TSX short reports : https://www.iiroc.ca/sections/markets/reports-statistics-and-other-information/short-sale-trading-statistics-and-reports