Td bank short interest

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That gave TD the honour of having the largest total short interest of any bank worldwide, according to S3, a fact that made the headlines. Investors and analysts, however, were quick to downplay concerns about the state of the bank, questioning aspects of the general downside thesis that TD faces greater risk than other Canadian banks because of its U. Should I get my money out of TD? But he added that a lot of North American banks have similar risk exposures. Canaccord Genuity analyst Scott Chan, meanwhile, pointed out that as of March 15, the Canadian Imperial Bank of Commerce was the most shorted bank when considering short interest as a ratio to float.

Td bank short interest

Want to discuss? Please read our Commenting Policy first. If you get Global News from Instagram or Facebook - that will be changing. Find out how you can still connect with us. Investors do this by borrowing a number of shares from a firm and selling them at the purchase price, promising to pay back that borrowed stock at a future date when they hope the share value has fallen — thus netting the difference in price as profit. The collapse of Silicon Valley Bank last month and fears of a spreading crisis among other regional banks in the U. TD Bank is also in the midst of acquiring regional U. Outside the U. Cheng says that all Canadian lenders have at least some exposure to the housing market through their mortgage businesses. Home values have also gone through a steep correction in the past year, Cheng notes, though there are early signs the price declines are stabilizing in some housing markets this spring. Despite seeing the arguments for shorting TD Bank, Small has a healthy dose of skepticism towards such bets. Small believes most of the fallout from the collapse of Silicon Valley Bank and other banking turmoil was subdued after U.

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Average score:. Stocks: Real-time U. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet. All rights reserved. Source: FactSet.

Part of it has to do with the general skittishness toward the banking sector after three U. And there are few signs Canadian lenders have any of the liquidity issues that investors have zeroed-in on recently. By that measure, TD is third among the top 20 U. TD is widely expected to renegotiate the deal after the recent bout of turmoil among U. So far, the TD short has been a winner. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings.

Td bank short interest

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Descrease article font size. Thanks for signing up! TD Bank is also in the midst of acquiring regional U. Despite seeing the arguments for shorting TD Bank, Small has a healthy dose of skepticism towards such bets. Data may be intentionally delayed pursuant to supplier requirements. A welcome email is on its way. Net Profit Margin. See Closing Diaries table for 4 p. Comments Close comments menu. Bank of Nova Scotia 0. ADR 0. Royal Bank of Canada 0. Kelvin Vi Luan Tran. Customer Service Customer Center.

That gave TD the honour of having the largest total short interest of any bank worldwide, according to S3, a fact that made the headlines. Investors and analysts, however, were quick to downplay concerns about the state of the bank, questioning aspects of the general downside thesis that TD faces greater risk than other Canadian banks because of its U.

Canaccord Genuity analyst Scott Chan, meanwhile, pointed out that as of March 15, the Canadian Imperial Bank of Commerce was the most shorted bank when considering short interest as a ratio to float. Advertisement 4. FactSet a does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and b shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Bonds: Bond quotes are updated in real-time. Plus, historical data for powerful research. Key Executives. Video link. Percent of Float. The collapse of Silicon Valley Bank last month and fears of a spreading crisis among other regional banks in the U. Mission Statement The mission of ShortSqueeze.