Post by
phoenix_trader on Jul 07, 2022 2:03pm
The short saga.
The short traded volume for June 16th to 30th was 2.1 mill shares.
The Cormark (Coeur) trade was 5 mill shares. Together they account for the difference in reported short.
It is likely that Coeur was unable to say to Cormark that they could deliver the shares by settlement date, perhaps collateral or holiday weekend issues, so Cormark reported the short.
Coeur issued an Early Warning report:
Comment by
phoenix_trader on Jul 07, 2022 2:06pm
Coeur's Early Warning report said the Sale Transaction closed on July 4th, 2022.