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Bullboard - Stock Discussion Forum Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company. The Company is engaged in the development, delineation and production of condensate, natural gas liquids (NGLs), and natural gas reserves in the Western Canadian Sedimentary Basin. Its focus is on the scalable and repeatable condensate rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin (Montney). Its core... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > Short Interest up by almost 3 million shares
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Post by efficientmyass on Mar 19, 2021 3:46pm

Short Interest up by almost 3 million shares

in the two week period ending March 15th.  now at 7.2 million shares.  seems like an odd candidate to short considering the balance sheet repair.  perhaps part of a pair trade.
Comment by Jaybobster on Mar 19, 2021 9:56pm
I think it's scare tactics. People are quick to sell their NVA shares when the price starts dropping. It makes for big swings, and I think to short this stock is a huge risk. IMO $5 by years end, as long as the world doesn't shutdown again. Cheers
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