Post by
Crazycanuck138 on Mar 09, 2022 3:20pm
SU has the largest Short Position on TSX
I dont post much or at all, however it is very interesting to see thast Suncor has the highest short positions of all. It seems that the Sp which technically should be higher by 15-20% of current sp based on ongoing global events is constantly supressed. Kind of annoying to see especially as every other energy player has had significant increase in sp....
below is the data:
https://shortdata.ca/largest-short-positions
maybe someone should call the boys and gals at WSB lol ;)
Comment by
thegreattimario on Mar 09, 2022 4:36pm
If oil prices maintain until the middle of April you'll see a lot of covering the two weeks before earnings. Record profits should finally move the needle foward but with this stock I guess anything is possible.
Comment by
jx7000 on Mar 09, 2022 5:00pm
Or a 25% div boost in April might also panic the shorters.
Comment by
mrbb on Mar 09, 2022 5:00pm
yes, more shorts, more pops