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Bullboard - Stock Discussion Forum Largo Inc T.LGO

Alternate Symbol(s):  LGO

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company... see more

TSX:LGO - Post Discussion

Largo Inc > Short Interest: LGO Nasdaq vs LGO TSX
View:
Post by kha341 on Nov 03, 2023 1:32pm

Short Interest: LGO Nasdaq vs LGO TSX

Same stock, two different exchanges.
The difference is crazy. The short interest on TSX is not normal at all. 


US vs CAD

Date

Short Interest

Avg Daily Trading Volume (30 days)

Days to Cover

LGO Nasdaq 

10/13/2023

  247,475 

36,890

7

LGO TSX

10/15/2023

1,124,590

28,291

40


Comment by ThaLuvDocta on Nov 03, 2023 5:12pm
I wonder what happens to SP after shorts buy to cover all at once on just a faint of good news. https://global.chinadaily.com.cn/a/202310/27/WS653b1532a31090682a5eb071.html
Comment by NewfNewf on Nov 04, 2023 12:58am
Good news has not been in Largo's business model thus far but we can hope. That said, hope is not a good strategy.High short position does not mean the stock price will go up. If Largo does a private placement to raise funds for so called operational purposes, pay off debt etc...the short position will be covered and no harm done. If this happens you will have to ask some serious questions. We ...more