AC Total Shares Shorted As of January 31 report, total shares shorted stood at 8.47 million shares, down from the 9.57 million at 2023 end. The February 15 update will not be available from IIROC until end of next week. But current total shares shorted represent 2.36% of the outstanding shares (358.47 million) or just over 4 trading days based on average trading volume (3 months). It's neither the highest nor the lowest in past 5 years. But sufficient to cause some concerns to those carrying these short positions.
Interesting to note that WSJ has 16 analysts chiming in. TP average is $29.68, median is $30.00, low is $18.00 and High is $38.00. After Friday's call expect fresh data in by mid next week for funds to begin to digest facts. Current shareholders can enjoy the next years. Covid is over.