TSX:BPO.PR.A - Post by User
Post by
pierrelebelon Feb 07, 2024 11:42am
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Post# 35867577
January 31st SHORT positions
January 31st SHORT positions
Oh well, as expected, traders with short positions on BPO preferred shares were busy buying back some of their positions.
In the last two weeks of January, the overall short positions for all BPO preferred shares were down by 319,601 leaving net short positions of 777,498 at January 31st, 2024.
The largest short position remains BPO.PR.T with 374,473 short at Jan 31st. Considering the quarterly dividend goes up 26%+ next month to $0.4244 (from $0.3364) I would expect more short covering.
Life is good!