Bullboard - Stock Discussion Forum 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... see more

Add To Watchlist

TSX:AC - Post Discussion

Air Canada > AC Short Interest falling

View:

Post by Techsavy on Jul 15, 2024 12:48pm

AC Short Interest falling

There's a completely misleading article from Bloomberg that indicates Shorts are attacking AC on the American side.... S3 Data and they will spin anything they can to front run a short trade

https://shortdata.ca/stock/AC.TO

182

Comment

Comment by Nordico on Jul 15, 2024 1:54pm

Well, there was still over a third of all June trade volume being short sales, so it's pretty significant. And I love to bet on undervalued, heavily shorted companies so I'm happy to see it. That's a lot of covering to occur over the next 4 months as the SP surges.

Comment

Comment by thinkyourmoney on Jul 15, 2024 9:35pm

I saw that or a similar fake news article citing Bloomberg and Morningside as supporters of the short trade rationalization on AC stock. No doubt, the only way to make money on AC stock since 2019 has been to use the over abundance of AC stock to borrow it and sell it short without ever owning it. There will be a moment when that won't work.

110

Comment

Air Canada