RE:Nearly half of trades in second half July were short sales the other incentive to short this from South of the border is that you also synthesize a CDN $ short which seems pretty sure given we have to lower rates faster.
this thing is just in the worst flying weather imaginable right now. The RSI is super low but was worse around Q3 last year . I think that might be a good signal to monitor.
Nordico wrote: Per recent data, 44.4% of traded shares in second half of July were short sold. There's a ton of outstanding short positions after today, over 30% of the float. They will all need to cover once AC finally has some good news. Frustrating to wait for it of course.