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Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.


TSX:AC - Post by User

Comment by givemeabreak1on Jul 31, 2024 4:35pm
56 Views
Post# 36156981

RE:RE:RE:RE:RE:RE:RE:Air Canada Number 1 - For percent of float short

RE:RE:RE:RE:RE:RE:RE:Air Canada Number 1 - For percent of float short Nordico
I thought I made this simple for you the 26% number is the trading number which is also reported by IROC.  The Globe uses IROC's numbers!   They are the same!  If you trade a million shares and 260k are shorts it appears as 26% though it is a very small number of actual shares out.  The number you are confusing comes from the IROC short ale report!

Last 2 week trading from the IROC report was a total of 7,134,114 shares traded on the short side which constituted 28.6% of the total traded volume.   Trading 7 million shares short in a two week period of a company with over 300 million shares out is diddly squat.

Again the numbers are coming from the same place you are just reading them wrong



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