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Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s):  ACDVF

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

TSX:AC - Post Discussion

Air Canada > AC - Short Interest continues to fade...
View:
Post by Techsavy on Jul 18, 2024 5:05pm

AC - Short Interest continues to fade...

Not sure what reports some are citing on this subject, but short interest is waning (less than 4% of shares)
With a PE of less than 3, we'll be rewarded soon

https://shortdata.ca/stock/AC.TO
Comment by Nordico on Jul 18, 2024 6:13pm
28.6% of trade value being short for firat half of July, is still huge. And I would estimate today and yesterday were both around 50%.
Comment by Techsavy on Jul 20, 2024 2:52pm
Not sure what "Huge" is to you. If you looked at all of those charts including 10 yr volume summary etc You would see that AC Short Volume is at it's relative lows for last few years. Bloomberg et al are scumbag front runners. They took bits and pieces from various articles (S3 Data is the culprit creator) The article I mentioned, should really be investigated, S3 are data ...more  
Comment by Nordico on Jul 20, 2024 3:08pm
Huge compared to other TSX large caps and the short-trading of AC pre-covid.
Comment by wideopenthrottl on Jul 19, 2024 11:18am
if you look at daily reports you will see the day trader shorting at work...the algos work a price downward without building a huge short position...some people keep.spread sheets to keep track of this activity....that is why you can find evidence of shorters without there being a huge short position at the end of the day...glta
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