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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta... see more

TSX:VRN - Post Discussion

Veren Inc > 57%+ Decrease in Shorts !
View:
Post by alhiemstra on Oct 23, 2021 12:15pm

57%+ Decrease in Shorts !

Date Number of Shares Shorted Net Change
Oct 15, 2021 9,784,738 -13,298,589
Sep 30, 2021 23,083,327 1,733,471
Sep 15, 2021 21,349,856 -1,949,676
Comment by cahclick on Oct 23, 2021 2:31pm
  That is a substantial reduction for sure. My opinion is the shorts are closing out their positions until the CPG Q3 report is released. If management doesn't give the market what it wants, the shorts will be back. jmo glta
Comment by Moemoney42 on Oct 23, 2021 8:17pm
I agree that's a nice reduction of shorts.. interesting that they've covered while the stock has traded sideways in Oct. - leads me to believe that they realize this is just a pause in the uptrend, and although Q3 may not be stellar due to the existing hedges, those hedges will be dropping off shortly and they want to cover before Q3 just incase the numbers are better than expected ...more  
Comment by Moernoney42 on Oct 23, 2021 11:00pm
looks like someone has been busy creating new accounts and jacking up his own "likes?" bwahahahahahahahahaaaaaaaaaaaaaa hypocrite loser
Comment by SchoolNmoe42 on Oct 24, 2021 6:57pm
This post has been removed in accordance with Community Policy
Comment by Bpultra on Oct 24, 2021 9:30pm
Don't forget about all the naked guys https://nakedshortreport.com/company/CPG
Comment by LiquidOctopusV2 on Oct 24, 2021 9:37pm
And those are down too.  I'm very curious to what the impact of bringing the higher netback wells online will have on CPG's FCF in Q3.  If I understood the Q2 report right, they had brought those online and we hadn't yet see the revenue come in.  
Comment by SchoolNmoe42 on Oct 24, 2021 10:03pm
This post has been removed in accordance with Community Policy
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