Tag: TD bank
-
![Short sellers still strong at TD Bank – are we missing something?]()
Short sellers still strong at TD Bank – are we missing something?
Short sellers still have a concerning percentage of the share float at TD Bank (TD.T), totalling 22% as of May 31, 2023 according to the Short Sale Trading Summary Report published by the Investment Industry Regulatory Organization of Canada or IIROC. TD Bank already made headlines when the Canadian-based financial institution was reported as the…
-
![Short bet against Canadian Bank TD increases by 45%]()
Short bet against Canadian Bank TD increases by 45%
Two weeks ago, Canadian bank Toronto-Dominion (TD) became the world’s most shorted bank. Hedge fund bets against TD hit $4.2 billion. This news raised some concerns for Canadians as hedge funds are clearly shorting TD for some reason. Is it a bet against the Canadian economy? Most analysts agree the short is a sympathy play…
-
Why did this American legend just short Canadian banks?
Every investor is in the prediction business. We buy a stock because we believe we can sell it at a higher price in the future. We “short” a stock because we believe we can buy it at a lower price in the future. Making stock market predictions is like trying to guess the vocation of…
