North American Financial 15 Split Corp T.FFN

RE:RE:Surprisingly large short position

[mouserman]

Judging by the trading data i would say the shorts have been covering in early MAY..
Usually tracking ANON stats, gives us an indication of whether they are holding it down, or covering.
FTN stats certainly appear to have ANON holding the price down.. FFN stats show ANON near the top of the buyers list.. 

House Positions for C:FFN from 20240501 to 20240508

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
80 National Bank	80,083	444,056	5.545	53,214	294,607	5.536	26,869	-149,449
1 Anonymous	350,027	1,926,115	5.503	326,063	1,791,960	5.496	23,964	-134,155
7 TD Sec	658,445	3,632,438	5.517	647,253	3,569,369	5.515	11,192	-63,069
33 Canaccord	8,500	47,415	5.578	0			8,500	-47,415
2 RBC	130,757	724,694	5.542	123,028	675,877	5.494	7,729	-48,817
85 Scotia	43,421	238,551	5.494	42,212	233,843	5.54	1,209	-4,708
19 Desjardins	16,869	91,932	5.45	16,108	89,040	5.528	761	-2,892
39 Merrill Lynch	14,715	80,992	5.504	14,259	78,544	5.508	456	-2,448
84 ITG84	1,196	6,577	5.499	1,112	6,075	5.463	84	-502
28 CI	14	77	5.50	0			14	-77
53 Morgan Stanley	300	1,602	5.34	300	1,602	5.34	0	0
57 Interactive	0			50	269	5.38	-50	269
14 Virtu ITG	136	754	5.544	274	1,517	5.536	-138	763
48 Laurentian	0			1,000	5,561	5.561	-1,000	5,561
5 Citadel	803	4,430	5.517	1,857	10,210	5.498	-1,054	5,780
13 Instinet	5,100	28,144	5.518	12,300	68,054	5.533	-7,200	39,910
22 Fidelity	0			10,617	58,479	5.508	-10,617	58,479
124 Questrade	15,214	82,652	5.433	26,225	146,930	5.603	-11,011	64,278
79 CIBC	137,582	754,398	5.483	149,899	826,013	5.51	-12,317	71,615
88 Credential	26,175	142,163	5.431	39,335	211,423	5.375	-13,160	69,260
9 BMO Nesbitt	107,185	587,454	5.481	131,416	725,073	5.517	-24,231	137,619
TOTAL	1,596,522	8,794,444	5.509	1,596,522	8,794,446	5.509	0	2