FormerXBC Inc XEBEQ

New Short Data

[ZouZS3]

. Short Traded Volume = 2,646,382 as of Nov 30 2021 https://shortdata.ca/stock/XBC.V

[Ciao]

Guessing the shorts covered after seeing Q3 and guidance for Q4 as fundamentals improved signficantly.  Now we are contending with tax loss and some technical selling after hitting new lows.

[savyinvestor333]

Does anybody else find it odd that over have the shares that were short have covered and the share price has dropped substantially in the process. I would say fat chance of a short squeeze

[kulewater]

Not really. Its pretty simple. Identify a security that will have significant tax-loss selling, short it as much as possible. Let the tax loss selling bring it down and allow the volume you need to cover at depressed prices. Happens every year. The turn will be dramatic as the late ones to cover will compete against those tax-loss sellers who want to re-invest.  There is also a shrewd

[savyinvestor333]

I think we have been short around a million ever since May not sure we will be going under that number anytime soon so not seeing any potential here foe5 1 or 2 days volume to cover impacting price.

[Gann999]

I would say it's closer to 4 million shares short currently