Here is the month of january for the 15 and the 31 of january :
I know it's not perfect but I think we can see some short sqeeze coming !!
The net change is + 5,5 M shares, but we can prove if it's 15M cover and 20,5 M new short sellings !
Short Seller need to buy there shares quickly, no ?
They short the stock during this last 2 weeks probably at a price between 0,85 and ,90 !
Security Issue Name | Security Symbol | Exchange Code | No.Shares | Net Change | %UP | Out. Sh. | % Out Sh. | AS of |
BAYTEX ENERGY CORP. | BTE | TSX | 15 094 585 | 560 382 | 4% | 561 200 000 | 2,7% | 2021-01-15 |
BAYTEX ENERGY CORP. | BTE | TSX | 20 583 570 | 5 488 985 | 27% | 561 200 000 | 3,7% | 2021-01-31 |
I don't think it's the good strategy to short BTE now, with was is coming for end of february !
What do you think ?