Bullboard - Stock Discussion Forum Kontrol Technologies Corp N.KNR

Alternate Symbol(s): KNRLF

Utilities Software - Application Utilities - Independent Power Producers

Kontrol Technologies Corp. is a provider of energy management, continuous air quality and emission solutions to commercial and industrial consumers. It delivers building intelligence through the Internet of things (IoT), software and cloud technology as well as project integration. Its smart technology is deployed to customers through a cloud-based interface accessible on desktops and mobile... see more

Add To Watchlist

NEO:KNR - Post Discussion

Kontrol Technologies Corp > Shorters Unwinding Their Positions?

View:

Post by LivingTheDream1 on Jan 29, 2024 5:43pm

Shorters Unwinding Their Positions?

Heard there was a fairly large short position on KNR. Wondering if a fair amount of them were unwound today? Could explain the very large volume of trades today. Interesting to see if this was the case or maybe a fair amount of shares were picked up by insiders? Both good news stories if validated. Took a decent position in the stock yesterday but still cautious. Been burned before......

146

Comment

Comment by Mostlyserious on Jan 29, 2024 11:50pm

You mean shorters covered by buying stock? Wouldn't covering put upward pressure on the stock? So if they covered and the stock went down, that means that there were some willing sellers. In any case, 200k shares is not a lot of money. Nothing earth shattering. The only thing that will matter is the results. We will have to figure out how much Ortech affected the ...more

111

Comment

Kontrol Technologies Corp