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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > I still see many shorts on BTE
View:
Post by riky144 on Oct 07, 2022 10:39am

I still see many shorts on BTE

I still see many shorts on BTE, they are hoping for the collapse of oil as has happened in the past. Well, they resign themselves OPEC + has made it clear that they are dictating the game and that they will no longer let oil drop below $ 90.
Comment by red2000 on Oct 07, 2022 12:27pm
Hi riky144 ! For my point of view, it always depend the way that you look at the number ! On a bi-montly view we see a good decline of shorts share since june 30th, see below I an waiting for IROC datas for the end of sept.  But are you able to post the daily shorted shares ? Thank's !
Comment by DoubleDown23 on Oct 07, 2022 1:21pm
Interesting the % short remaining roughly the same due to the share buy backs. And it is the equivalent of 2-3 days of average volume to cover as well. Should help with the next gap up. 
Comment by red2000 on Oct 07, 2022 4:08pm
Update ending sept 30
Comment by red2000 on Oct 07, 2022 4:41pm
Top 10 most net change for the bi-monthly data ending sept 30th. Always consider the increase in %, compare to the previous bi-monthly.
Comment by BayStreetWolfTO on Oct 08, 2022 1:08pm
While the flippers, shorts and day traders swap shares back and forth...the company scoops their shares daily.  Love it! Wait until the buybacks double!
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