Post by
prabhatmalik on Nov 18, 2020 12:38pm
Any news?
Why it is down when oil is up?
Comment by
zoltan07 on Nov 18, 2020 1:49pm
It's called market sentiment.. Which is on the negative side... Also short interest has increased to over 50% as of November 16
Comment by
WalterWhy on Nov 18, 2020 2:02pm
Would this mean that the potential for a short squeeze goes up considerably? I know ENB is fairly liquid, but 50% seems pretty high.
Comment by
corvette67 on Nov 18, 2020 2:11pm
Don't know what he is talking about but according to "Shortsqueeze ", the short interes in U.s. is 5150000 shares or 0.25 % as of today, down 13% from yesterday.Check it out yourself.Shortsqueeze .com GLTA
Comment by
zoltan07 on Nov 18, 2020 2:17pm
canadian side... SYMBOL COMPANY NAME 16 NOV 2020 02 NOV 2020 NET CHANGE % CHANGE % TOTAL TRADED VALUE ENB ENBRIDGE INC. 3,248,625,659 1,471,709,335 1,776,916,324 54.70 37.72
Comment by
corvette67 on Nov 18, 2020 2:23pm
Yes but that is $ volume--it is short 150million shares out of 2+ billion. GLTA
Comment by
zoltan07 on Nov 18, 2020 2:28pm
yes thats right...is it just an indicator..on market Sentiment
Comment by
WalterWhy on Nov 18, 2020 5:35pm
Thanks for clarifying. It looked odd to me when I read it, too. In my mind, when someone says 50% short interest, I think they mean that half the available float is sold short, which would be a crazy on ENB....
Comment by
masfortuna on Nov 18, 2020 5:26pm
Yes except you said that the shorts are AT 50%. It's a 50% increase.
Comment by
masfortuna on Nov 18, 2020 5:27pm
And the numbers you show is the $ volume traded NOT the amount of shares held short. Mas
Comment by
zoltan07 on Nov 18, 2020 5:45pm
Yes I was corrected... It's not short interest... But volume... Big difference sorry for my incompetence