Sienna Senior Living Inc LWSCF

Primary Symbol: T.SIA

Healthcare

Sienna Senior Living Inc. is a Canada-based senior living provider. The Company offers a full range of senior living options, including independent living (IL), assisted living (AL) and memory care (MC) under its Aspira retirement brand, long-term care (LTC), and specialized programs and services. The Company owns and operates senior living residences in the Provinces of British Columbia, Saskatchewan and Ontario. The Company owns and operates a total of approximately 82 senior living residences: 40 retirement residences (RRs) (including the Company's 50% joint venture interest in 12 residences in Ontario and Saskatchewan); 34 LTC communities; and eight senior living residences providing both private-pay IL/AL and funded LTC (including the Company's joint ownership in two residences in British Columbia). The Company also provides management services to an additional 12 senior living residences in the Provinces of British Columbia, Ontario and Alberta.

TSX:SIA - Post by User

Sienna Senior Living Inc > Shorts up by 291k to 1.77 Million as of Mar. 31

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Post by joebravoon Apr 06, 2023 8:25am

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Post# 35382659

Shorts up by 291k to 1.77 Million as of Mar. 31

I'm not sure why there's so many shorts and they numbers are increasing.

AFFO is enough to cover dividend although earnings have suffered due to increasing costs.

Anyone concerned that the dividend may be cut?

I know this is a thinly traded stock, but the trading as of late is concerning, albeit, if Sienna can get their costs in order, and if the Fed and Prov governments offer more assistance for LTC, those shorts may just get burned.

Any thoughts? Thanks

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