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North American Financial 15 Split Corp T.FFN

Alternate Symbol(s):  FNCSF

North American Financial 15 Split Corp. is a Canada-based mutual fund corporation, which invests in a portfolio of over 15 financial services companies. It offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in the amount of over 5.5% annually and to pay the holders of the preferred shares a certain price per preferred share on or about the termination date. Its investment objectives with respect to class A shares are to provide holders of class A shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company for a specific price per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying a specific price per preferred share. Its investment manager is Quadravest Capital Management Inc.


TSX:FFN - Post by User

Comment by AwesomeMatthewson Jul 17, 2024 9:15pm
122 Views
Post# 36137660

RE:RE:RE:RE:RE:FFN unit nav in realtime @ aapprox; $16.42

RE:RE:RE:RE:RE:FFN unit nav in realtime @ aapprox; $16.42

Nice info, where did you get that from, also does it tell you how many shares are available to short?
The average vol. is 179k so 107k is a massive amount of short shares active vs volume, ladder attacks is easy with stocks that don't trade frequently.FWIW today the borrow rate is 40% so it's getting hard for shorts to find shares and a dramatic increase day to day, I have level 2 with my broker and I see the action and it's def. sus.

 

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