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Bullboard - Stock Discussion Forum Sienna Senior Living Inc T.SIA

Alternate Symbol(s):  LWSCF

Healthcare
Sienna Senior Living Inc. is a Canada-based senior living provider. The Company offers a full range of senior living options, including independent living (IL), assisted living (AL) and memory care (MC) under its Aspira retirement brand, long-term care (LTC), and specialized programs and services. The Company owns and operates senior living residences in the Provinces of British Columbia... see more

TSX:SIA - Post Discussion

Sienna Senior Living Inc > Approx. 1.5 Million Shares Short as of March. 15/23
View:
Post by joebravo on Apr 03, 2023 12:54pm

Approx. 1.5 Million Shares Short as of March. 15/23

Should this be reason for concern?

I wasn't aware that so many shares were short on this stock.  Not sure why?

Of course, if there's anything positive coming out, then they could drive the price higher, quicker.
Comment by dogatcat on Apr 03, 2023 1:57pm
No reason for concern.  This is a thinly traded stock and this group of shorts, jumps on it during any bad news and try and drive it down with shorting.   These low volume stocks are easy vicitims to manipulation.  The last earnings showed cost to run LTC beds was higher than expected (inflation) and I know Sienna management is in dicussion with both the province and the Feds ...more  
Sienna Senior Living Inc