Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

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

Air Canada > Air Canada Number 1 - For percent of float short

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Comment by Nordicoon Jul 31, 2024 5:59pm

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Post# 36157143

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

OMG man, you are hopeless. I give up trying to help you understand.

givemeabreak1 wrote: Nordico
The numbers come from the same place but they are two distinct numbers as you are not accounting for the time element!

The Consolidated IROC report is the aggregate or total shares short at a given period ie every 2 weeks and it is measured against the prior 2 - week period....

The TMX number you are reading include those left uncovered. This volume is always greater for if there is buyers but no shares available for sale at a point in time dealer, market makers traders etc might short simply for day trades or market liquidity. You will notice on the TMX reports it always give time to cover. Let us say I am a day trader and there is a buyer for X company with 1 million shares out. I take the sale and sell 150K shares then cover 4 hours later. I have essentially shorted 15% of the company but on the day end or 2 week end report there will show no shorts outstanding.........

Two distinct numbers used for different reasons!