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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based media and content company that develops and delivers brands and content across platforms for audiences around the world. The Company's segments include Television and Radio. Its portfolio of multimedia offerings encompasses approximately 32 specialty television services, 37 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services. Its brands include Global Television, W Network, Flavour Network and Home Network (launching soon), The HISTORY Channel, Showcase, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, the Global TV App and Curiouscast. It is also the domestic advertising representative and an original content partner for Pluto TV, a Paramount Company, which is the free ad-supported streaming television service. It is an international content creator, producer and distributor through Corus Studios and Nelvana.


TSX:CJR.B - Post by User

Comment by Puma1backon May 09, 2022 8:35am
147 Views
Post# 34666179

RE:RE:RE:RE:Share buyback

RE:RE:RE:RE:Share buyback

I know the closing short was 3.6 million but you have to remember that much of the increase in April was offsetting the large reduction in shorts that happened as always before the March ex- dividend date. We will see if the latest Federal budget has closed that quarterly market play.
 

for some perspective though, the short position is a paltry 1.80% - pretty small when you compare it to the TSX stocks that really are getting hit - some are double digit % short levels so a vast difference.

definitley agree on Institutional holdings though, they have been unwinding from this sector/stock for a long time. It looked like that might have abated in December with the large unwind - time will tell.

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