Post by
clubhouse19 on Jul 03, 2022 1:01am
May be hard to believe
I checked the shorting summary for may and june and the volume and lo and behold..
.just checked the short trade volume for may and june and just as I feared
These numbers are all pre split in terms of shares
May 1 - May 15... 27.32 million shorted ... 18.67% of total volume
May 16 - May 31...17.2 million shorted ... 14.5 % of total volume
June 1-June 15 ...10.56 Million shorted 17 % of total volume
Lo and behold after the split
Monday June 16 - June 30... 3.819 million post split or 95.5 million in pre split Numbers or 32.2 % of total volume
I made the presumption that these numbers from June 13 to june 15 were pre split calculated as that seems to be the case having verified the volume between June 13 and june 15 inclusive.
Certainly looks like massive shorting post split
That quite a huge jump ...I didn't think it would be that much
There was a total of 31.1 million in volume traded post split or 777 million in volume presplit
presuming 32.2 % inclusive of june 13 to15 volume shorted = 250 million in pre split numbers.
Now does anyone think the RS with the subsequent shorting and volume is inconsequential ??
Comment by
MyNameIsNobody on Jul 03, 2022 8:46am
I was expecting a rise in shorting since everyone and their mom was mentionning the reverse split and fear in the same sentences for weeks but I'm still flabergasted by your numbers. That would explain a lot since the financial situation of Bombardier hasn't changed and they keep on taking bites at the debt at a steady pace. Thanks for the info Club!