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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 Nordicoon Jul 31, 2024 4:47pm
60 Views
Post# 36157012

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

RE:RE:RE:RE:RE:RE:RE:RE:Air Canada Number 1 - For percent of float short You're still not following. I KNOW the difference between the trade volume data (28.6% for first half of July) and the % float shorted data, both of which IIROC/CIRO produces reports on. I'm saying the 4% you're getting from the IIROC % float shorted (consolidated short positions) data is significantly underestimating the actual figure. TMX itself reports 15% float short for AC. S3 Partners, which factors in both Canadian and foreign AC trades, reports 26% float shorted.

givemeabreak1 wrote: 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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