STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A

RBC protecting their short position?

[mouserman]

Seems like one house holding down STB here the past month... RBC. 
Huge sellers and continues today. At last look the short position on STB was quite big at 3.77 % with 3,459,011 shares sold short.
RBC the biggest seller by far on STB  in the last week in July . Anon the biggest buyers.

House Positions for C:STB from 20160722 to 20160729

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
1 Anonymous	899,555	6,219,825	6.914	696,569	4,817,344	6.916	202,986	-1,402,481
65 Goldman	77,960	538,551	6.908	1,101	7,684	6.979	76,859	-530,867
90 Barclays	63,700	439,508	6.90	20,100	139,474	6.939	43,600	-300,034
85 Scotia	114,500	792,243	6.919	78,373	542,871	6.927	36,127	-249,372
79 CIBC	314,439	2,176,591	6.922	288,538	1,994,655	6.913	25,901	-181,936
59 PI	28,850	198,174	6.869	4,540	31,406	6.918	24,310	-166,768
101 SG Capital	24,700	171,522	6.944	3,900	27,109	6.951	20,800	-144,413
15 UBS	19,988	138,214	6.915	487	3,371	6.922	19,501	-134,843
74 GMP	27,275	188,909	6.926	8,892	62,010	6.974	18,383	-126,899
25 Odlum	22,010	152,429	6.925	5,557	38,395	6.909	16,453	-114,034
39 Merrill Lynch	118,511	820,159	6.921	107,422	743,467	6.921	11,089	-76,692
19 Desjardins	7,900	54,609	6.913	1,701	11,719	6.889	6,199	-42,890
89 Raymond James	19,700	136,823	6.945	13,810	95,777	6.935	5,890	-41,046
58 Qtrade	6,670	46,080	6.909	2,512	17,532	6.979	4,158	-28,548
72 Credit Suisse	5,300	36,521	6.891	2,433	16,866	6.932	2,867	-19,655
14 ITG	2,068	14,316	6.923	0			2,068	-14,316
54 Global	1,600	11,120	6.95	0			1,600	-11,120
88 Credential	1,578	10,863	6.884	220	1,517	6.895	1,358	-9,346
7 TD Sec	95,105	658,452	6.923	94,490	657,043	6.954	615	-1,409
102 Lakeshore	350	2,415	6.90	0			350	-2,415
28 BBS	100	693	6.93	130	900	6.923	-30	207
57 Interactive	50	347	6.94	100	694	6.94	-50	347
124 Questrade	2,308	16,000	6.932	2,520	17,512	6.949	-212	1,512
143 Pershing	40	275	6.875	300	2,087	6.957	-260	1,812
84 Ind Trading	2,515	17,415	6.924	3,226	22,310	6.916	-711	4,895
83 Mackie	320	2,240	7.00	1,500	10,392	6.928	-1,180	8,152
33 Canaccord	9,200	63,754	6.93	10,500	72,735	6.927	-1,300	8,981
22 Fidelity	1,145	7,974	6.964	3,001	20,586	6.86	-1,856	12,612
99 Jitney	4,300	29,704	6.908	9,600	66,221	6.898	-5,300	36,517
56 Edward Jones	1,750	12,115	6.923	7,935	54,932	6.923	-6,185	42,817
80 National Bank	120,658	836,409	6.932	131,615	909,336	6.909	-10,957	72,927
13 Instinet	28,000	193,259	6.902	46,600	322,835	6.928	-18,600	129,576
4 Cantor Fitz	0			21,400	147,748	6.904	-21,400	147,748
76 Industrial Alliance	0			26,200	180,512	6.89	-26,200	180,512
53 Morgan Stanley	17,600	121,566	6.907	49,156	339,519	6.907	-31,556	217,953
9 BMO Nesbitt	75,033	520,898	6.942	188,236	1,297,039	6.89	-113,203	776,141
2 RBC	142,748	985,532	6.904	424,862	2,941,907	6.924	-282,114	1,956,375
TOTAL	2,257,526	15,615,505	6.917	2,257,526	15,615,505	6.917	0	0

[BuffaloBob]

good post, very interesting. RBC is a major clearer for hedge funds trading under Annonimus so it might be hedge funds shorting. Which if it is, is actually good news as the company has a history of beating the shorts. with fuel low and the new bank deals just announced i think they made a bad bet.