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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 givemeabreak1on Jul 31, 2024 6:12pm
97 Views
Post# 36157163

RE:RE:RE:RE:RE: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:RE:RE:RE:RE:RE:Air Canada Number 1 - For percent of float short Wide I believe you are correct!

A better more clear example might be!  One million shares of company X trades of which 500k shares are shorted.  So short sales come up as 50% for that day.  The next day there are only 500k shares traded and it shows no short sales.  However, the 500k shares that were traded were to cover the day before shorts.  So while the chart shows no short sales all sales that day were actually related to the original short.  At least that is how I understand the reporting!

None of this is not to say this is not covered in another report as I am sure TMX knows as they report days to cover so they must track the covering of the short.....
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