Q: On the RBC Direct Investing web site it shows the short position of BYP.UN as 7.06%. Is that correct?
Being that there is an (almost) guaranteed offer to takeover BPY.UN by BAM is it unusual to have such a large short position in this case at this time? Aren't the shorts going to have to cover eventually and that would put upward pressure on the stock price? Your comments please.
Being that there is an (almost) guaranteed offer to takeover BPY.UN by BAM is it unusual to have such a large short position in this case at this time? Aren't the shorts going to have to cover eventually and that would put upward pressure on the stock price? Your comments please.