Short sales on the TSX: What bearish investors are betting against

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Short sales on the TSX: What bearish investors are betting against
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Canada Goose Holdings and CI Galaxy Bitcoin ETF are popular targets

Methodological notes:

1) Some short positions may reflect, in part or whole, hedging/arbitrage positions – so they are not entirely bearish bets; if bearish sentiment is extreme, it can sometimes trigger a short squeeze that sends the stock price higher.

4) The percentage of float short for ETFs is impacted by the mechanism for creating/redeeming units, which results in almost daily changes in the number of units issued. The percentage of float short for ETFs may thus be more volatile than for stocks.

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