Viemed Healthcare Inc VMD

1.6 Million Shares Short:

[LongTerm3]

Yahoo is showing about 1.6 million shares short. This is almost 5% of the float that has to be bought back (as of March 31st).

On top of this Viemed is buying back about 5% of the company, because it is the best buy, they can find. They know the patients they have.

This combination of almost 10% puts a huge tailwind behind the stock. I don't feel the company needs this tailwind but I sure do like it.

[Moemoney42]

FWIW Beacon has been on the buy side big today.. ;-)

[LongTerm3]

How many shares?

[Moemoney42]

Not sure yet but it looks like they're not done for the day.? Recent Trades - Last 10 of 401 Time ET Ex Price Change Volume Buyer Seller Markers 15:21:43 M 6.945 0.215 100 87 Beacon 79 CIBC   15:21:43 M

[Moemoney42]

See what I mean... still at it..! Recent Trades - Last 10 of 423 Time ET Ex Price Change Volume Buyer Seller Markers 15:25:30 D 6.95 0.22 100 87 Beacon 79 CIBC K 15:25:30 U 6.95 0.22 100

[LongTerm3]

Do you have a total count?

[Tropicalsun]

It can't be very much, especially trading in 100 share board lots. On the TMX money site, Beacon picked up about 4,000 shares out of the last 45 trades of the day. I think Level 2 trading would show an accurate count.  Not sure how things work on the nasdaq as far as a purchasing agent for the company? Also I did not see in the press release that Beacon was named as the agent here in

[Tropicalsun]

The press release says all common shares will be purchased through facilities at nasdaq. Sounds like no brokerage house in Canada is involved in the share buyback.

[LongTerm3]

Thanks,

[besttobe]

There has never been 1.6million shares short on VMD. Fake news. 

[LongTerm3]

It's on Yahoo.

[besttobe]

Wow..I stand corrected!!! Nastaq marketbeat report below. Pretty scary. Goodluck.... Report Date Total Shares Sold Short Dollar Volume Sold Short Change from Previous Report Percentage of Float Shorted Days to Cover Price on Report Date 3/31/2022 1,590,000 shares $7.92 million -4.8% 4.5