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Bullboard - Stock Discussion Forum PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > Short Interest
View:
Post by islandbrook on Mar 01, 2021 8:06pm

Short Interest

According to qwerty76, the short interest as at Feb.26 was 1,717,918 shares. According to information that was provided to me by the company, the flloat as at Jan, 25, was 78,875,479 shares. This represents a 21.7% ratio. The "rule of thumb" is that anything over 20% has the potential to start a short squeeze.Obviosly the higher the percentage the higher lighthood of  a squueze occuringi. A NASQD listing and a couple of strong press releases could set one off.
Comment by RealistDontalkm on Mar 01, 2021 8:26pm
Each time the sp go on a run, short attacks it!!that's why a lot of longs emphasize on holding and putting higher margin call!! Hopefully we run way up and squeeze them like lemon juice!  
Comment by ScienceFirst on Mar 01, 2021 9:21pm
Security Company Name Listing Market Short Sale Trades % Total Trades Short Traded Volume % Total Traded Volume Short Traded Value % Total Traded Value avg short price PYR PYROGENESIS CANADA INC. J TSX 7237 10.417 1717918 11.509 18012533 11.493  ...more  
Comment by Aarman4 on Mar 01, 2021 11:45pm
I hope they get out before their trading accounts call in the margin... In the meantime, I am very happy for them to drive the share price down so I can add more shares! Cheers!
Comment by qwerty76 on Mar 02, 2021 6:14am
The short reports can be found here Short Sale Trading Summary Report and Consolidated Short Position Report (iiroc.ca) There are two reports, the one I provided info from yesterday is the Short Sale Trading Statistics Summary Report (SSTSSR) It does not tell us the outstanding short position, it only tells us the volume of trades that were listed as being short when they were made during ...more  
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