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