Keyera Corp T.KEY

Alternate Symbol(s): KEYUF

Energy Oil & Gas Midstream

Keyera Corp. operates an integrated Canadian energy infrastructure business with interconnected assets and expertise in delivering energy solutions. The Company's predominantly fee-for-service based business consists of natural gas gathering and processing; natural gas liquids processing, transportation, storage and marketing; iso-octane production and sales, and a condensate system in the Edmonton/Fort Saskatchewan area of Alberta. Its segments include Gathering and Processing, Liquids Infrastructure and Marketing. Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products and separate the economic components, primarily natural gas liquids (NGLs). Liquids Infrastructure segment owns and operates a network of facilities for the gathering, processing, storage and transportation of the by-products of natural gas processing. Marketing segment is involved in the marketing of NGLs.

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Keyera Corp > Strong Price Momentum

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Comment by Puma1backon Apr 15, 2024 1:33pm

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Post# 35989751

RE:RE:RE:RE:Strong Price Momentum

You have to go back to October 2021 to get a larger short increase in one period. At that time he stock ended up with a strong decline that took a while to crawl back up.

Puma1back wrote:
Wow, large pop in the shorts during last 2 weeks of March.

there were about 14 million traded in those 2 weeks at an average of $34.15 - so a long way from todays $35.35 plus

the short popped by 2.6 million or about 20% of the period trades. The Q1 don't arrive for another month , though internally the numbers are known. Maybe the market is pricing a dividend increase and the shorted is betting otherwise?

the stock has definitely been getting accumulated over the last year so an increase in the short is strange - time will tell.