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Bullboard - Stock Discussion Forum Dividend 15 Split Corp T.DFN

Alternate Symbol(s):  DFNPF | T.DFN.PR.A | DVSPF

Dividend 15 Split Corp. is a Canada-based mutual fund, which invests primarily in a portfolio of dividend yielding common shares, which includes approximately 15 Canadian companies. It offers two types of shares, including Preferred shares and Class A shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly cash... see more

TSX:DFN - Post Discussion

Dividend 15 Split Corp > OOPS fatfinger mistake DFN UNIT NAV @ $15.06 before dist.
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Post by mouserman on May 25, 2023 7:45pm

OOPS fatfinger mistake DFN UNIT NAV @ $15.06 before dist.

Found the mistakes after i read AnEducator post... and realized i must have erred again...
SO now showing a loss of about 45 cents since the midmonth update. Would be $14.91 after distributions. Much closer ...
Comment by Justreality on May 25, 2023 11:32pm
Mouserman  appreciate your posts and AnEducators also. Just wondering if either of you know how much DFN longs get to  lend their shares out to the shorts. Has to be in the 10% range but maybe you have better sources.
Comment by AnEducator on May 27, 2023 1:14pm
I'm not certain, but I have never heard of any limits to the number of shares a broker can lend out, so long as the shares are held in a margin account. A broker cannot lend any shares held in a cash account. A 10% limit doesn't make much sense given that we've probably all heard of stocks with short positions well in excess that. This is why meme stocks were so successful back in ...more  
Comment by mouserman on May 30, 2023 9:59am
No rhyme or reason to how the short positions are controlled. AT times i have seen DGS not allowing any shortselling on the commons, other times i have seen the commons of SPLIT FUND commons shorted heavily after anoffering...