Short Sellers Target Aurora Cannabis Inc. (TSX:ACB): Should You Bet Against Them?

in #cannabis5 years ago

The stock is now one of the most-shorted on the TSX. At the end of March, the percentage of outstanding shares on loan stood at 9.9%.

Interesting article about the short interest in Aurora Cannabis. I own this stock and continue to sell out of the money calls and puts on it because of the volatility. The short interest may be high right now, but that can change and cause a spike in the price if they all have to cover at the same time. I'll keep my long term position in the stock.

Read the full story here...
https://www.fool.ca/2019/04/06/short-sellers-target-aurora-cannabis-inc-tsxacb-should-you-bet-against-them/

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Aurora Cannabis is around $9.20 right now.....

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