TSX Short Interest Summary - 9/30/2017

Transcription

1 TSX Short Interest Summary - 9/30/2017 Average Short Interest % Change By Sector 0% 26% 14% 36% 2% Curr. %.. () (1%) () (5%) (16%) (13%) (7%) (3%) (4%) (14%) () (9%) (35%) Cons. Disc. Cons. Stap. Energy Financials Health Industr. Info. Tech. Materials REITs Telco. Utilities TSX Average % of TSX Composite Trades & % Volume Shorted 22% 21% % Volume % Trades 1 17% 16% Largest % Increases In Short Interest Largest % Decreases In Short Interest Ticker Latest SI %. Ticker Latest SI %. DOO 696, , % 49% BIP.U 440,916 2,695,393 (84%) 60% BBU.U 345,809 55, % 1,159% POU 3,062,144 8,121,310 (62%) 30% LUN 11,341,251 4,235, (55%) EDV 698,201 1,323,350 (47%) 515% LUC 1,350, ,003 44% 46% GUD 489, ,389 (43%) (76%) HR.U 998, ,453 43% 1% TOY 176, ,301 (43%) 127%

2 Consumer Discretionary Summary - 9/30/2017 Average Short Interest % Change Vs TSX 21% Cons. Disc. Avg. TSX Avg. Ratio of SI Increases/Decreases % Curr. %. -1 Mon. %.. Increases Decreases Average % of Volume Shorted Vs TSX 24% 23% 22% Avg. % Cons. Disc. Vol. Shorted Avg. % TSX Vol. Shorted 21% 1 17% 16% 15% 14% Largest % Increases In Short Interest Ticker Latest SI %. Largest % Decreases In Short Interest Ticker Latest SI DOO 696, , % 49% TOY 176, ,301 (43%) 127% ZZZ 454, ,253 31% 60% QSR 1,016,955 1,484,516 (31%) (62%) CGX 1,626,908 1,464,373 65% GC 308, ,551 (27%) (1%) CJR.B 2,497,264 2,293,985 9% (47%) MRE 1,009,103 1,372,358 (26%) (52%) DHX.B 8,995,206 8,446,895 6% 113% CCA 581, ,888 (26%) (55%) %.

3 Consumer Discretionary - Breakdown Short Interest % Vol. Shorted % Trades Shorted # Short Trades -1Mo. % Ticker Latest %.. SI Ratio (%) Latest LTM Latest LTM Current AVG. 19.1% 20.7% 0.3% % 22.7% 23.4% 6,835 CCA 581,856 (25.9%) (27.) (55.2%) % 26.2% 28.3% 3,275 CGX 1,626, % 7.7% 64.5% % 29.0% 30.5% 7,188 CJR.B 2,497, % (3.) (46.9%) % 28.9% 27.0% 9,373 CTC.A 864,864 (4.9%) (21.9%) 7.6% % 16.4% 15.9% 3,921 DHX.B 8,995, % 3.0% 113.0% % 36.2% 39.4% 12,921 DII.B 969, % 10.5% % 32.5% 24.9% 903 DOL 795,294 (19.9%) (21.4%) (49.5%) % 17.0% 15.0% 5,076 DOO 696, % 573.0% 49.0% % 38.6% 31.9% 7,799 ECI 1,917,054 (3.9%) (11.2%) (2.7%) % 21.6% 3,509 GC 308,572 (27.1%) (29.) (1.0%) % 12.7% 16.9% 4,047 GIL 2,639, % (16.6%) (89.7%) % % 16,574 HBC 6,264,414 (1.0%) (2.6%) (15.2%) % 23.1% 25.4% 6,663 LNR 337,632 (21.1%) (7.2%) (40.6%) % 16.5% 20.3% 2,942 MG 3,750,287 (7.0%) 3.3% (3.2%) % 20.6% 19.2% 19,315 MRE 1,009,103 (26.5%) (36.0%) (51.5%) % 7.0% 5.2% 1,024 QBR.B 10,627,174 (0.3%) (1.3%) 2.7% % 11.7% 12.2% 2,171 QSR 1,016,955 (31.5%) (57.9%) (61.7%) % 23.0% 26.1% 9,781 SJR.B 10,805,783 (1.7%) (9.7%) (26.4%) % % 17,714 TOY 176,118 (42.9%) 51.9% 126.9% % 23.9% 27.5% 2,482 TSGI 8,901,437 (0.9%) (18.3%) 11.9% % 15.7% 19.0% 8,827 UNS 671,180 (2.2%) (4.0%) (44.4%) % 20.7% 22.7% 2,136 ZZZ 454, % 76.2% 60.0% % 25.1% 28.5% 2,720 LTM

4 Consumer Staples Summary - 9/30/2017 Average Short Interest % Change Vs TSX Ratio of SI Increases/Decreases Cons. Stap. Avg. TSX Avg. 9 (1%) () 2 (16%) Curr. %. -1 Mon. %.. Increases Decreases Average % of Volume Shorted Vs TSX 23% 22% 21% Avg. % Cons. Stap. Vol. Shorted Avg. % TSX Vol. Shorted 1 17% 16% 15% 14% 13% Largest % Increases In Short Interest Ticker Latest SI %. Largest % Decreases In Short Interest Ticker Latest SI PBH 1,667,380 1,530,452 9% 67% EMP.A 1,692,774 2,436,367 (31%) (56%) BCB 2,357,986 2,234,467 6% 63% ATD.B 3,528,738 4,694,602 (25%) (14%) SAP 2,429,702 2,988,808 () (22%) MFI 271, ,229 (17%) WN 709, ,288 (15%) (12%) %.

5 Consumer Staples - Breakdown Short Interest % Vol. Shorted % Trades Shorted # Short Trades -1Mo. % Ticker Latest %.. SI Ratio (%) Latest LTM Latest LTM Current AVG. (10.6%) (15.) (0.) % 20.7% 7,952 ATD.B 3,528,738 (24.) (31.1%) (14.1%) % 22.5% 22,960 BCB 2,357, % 0.7% 62.6% % 30.6% 30.9% 6,536 EMP.A 1,692,774 (30.5%) (27.7%) (56.3%) % 9.0% 8.7% 3,843 L 11,019,369 (0.3%) (4.) (9.7%) % 31.2% 17,986 MFI 271,904 (17.2%) (21.5%) 19.0% % 13.3% 13.5% 2,502 MRU 2,659,922 (14.2%) (27.9%) (39.) % 25.1% 23.3% 13,487 NWC 1,186,057 (5.7%) (4.5%) % 16.7% 16.7% 1,371 PBH 1,667, % 9.0% 67.2% % 21.2% 17.1% 1,530 PJC.A 2,736,774 (4.4%) (4.6%) (21.0%) % 21.0% 19.2% 3,874 SAP 2,429,702 (18.7%) (31.6%) (22.2%) % 23.7% 21.4% 9,838 WN 709,329 (15.4%) (29.5%) (12.5%) % 23.4% 23.3% 3,546 LTM

6 Energy Summary - 9/30/2017 Average Short Interest % Change Vs TSX Energy Avg. TSX Avg. 26% Ratio of SI Increases/Decreases () (14%) Curr. %. -1 Mon. %.. Increases Decreases Average % of Volume Shorted Vs TSX 25% Avg. % Energy Vol. Shorted 24% Avg. % TSX Vol. Shorted 23% 22% 21% 1 17% 16% Largest % Increases In Short Interest Ticker Latest SI %. Largest % Decreases In Short Interest Ticker Latest SI VSN 1,247, ,474 41% (54%) POU 3,062,144 8,121,310 (62%) 30% IPL 8,698,972 7,154,230 22% (3%) BIR 7,346,441 12,654,872 (42%) 4% ESI 3,546,979 3,061,080 16% 436% ECA 9,013,873 14,352,541 (37%) (53%) GEI 2,569,423 2,373,872 (5%) CCO 2,525,544 3,435,461 (26%) (59%) AAV 3,514,611 3,341,920 5% 14% PD 4,444,115 5,994,362 (26%) 12% %.

7 Energy - Breakdown Short Interest % Vol. Shorted % Trades Shorted # Short Trades -1Mo. % Ticker Latest %.. SI Ratio (%) Latest LTM Latest LTM Current AVG. (7.9%) (13.6%) 26.2% % % 13,849 AAV 3,514, % 1.1% 13.5% % 18.6% 12.5% 6,003 ALA 3,358,689 (2.) (7.9%) 14.5% % 24.0% 22.9% 11,574 ARX 12,387,679 (5.2%) (4.7%) (28.0%) % 17.4% 15.2% 15,470 BIR 7,346,441 (41.9%) (5.2%) 4.3% % 10.4% 6,051 BNP 2,617,434 (4.3%) (12.) 26.7% % % 4,089 BTE 7,962,756 (0.3%) 4.4% 15.0% % 7.9% 14.0% 7,140 CCO 2,525,544 (26.5%) (41.3%) (58.6%) % 16.5% 20.0% 15,942 CEU 4,173,738 (6.1%) (2.5%) (40.1%) % 23.4% 21.4% 7,399 CNQ 5,061,940 (23.9%) (30.2%) (11.) % 22.3% 18.4% 33,795 CPG 8,114,405 (4.9%) (0.6%) (30.4%) % 24.7% 20.7% 29,248 CR 9,494, % 11.2% 25.7% % 14.5% 16.6% 6,612 CVE 14,343,286 (19.0%) (12.0%) 11.6% % 24.5% 23.0% 59,377 ECA 9,013,873 (37.2%) (42.2%) (52.9%) % 26.2% 19.5% 40,995 EFX 190,625 (1.2%) 26.9% (12.3%) % 16.5% 17.9% 3,056 ENB 29,593,954 (12.2%) (19.9%) (31.9%) % 19.6% 38,035 ENF 2,032,398 (7.7%) 0.4% 20.0% % 20.4% 20.3% 5,338 ERF 9,628,999 (2.1%) (0.2%) % 19.5% 11.0% 10,581 ESI 3,546, % 17.0% 436.2% % 32.3% 26.0% 3,255 FRU 1,597,369 (14.2%) (23.9%) (35.4%) % 16.4% 19.9% 3,299 GEI 2,569, % 4.3% (4.) % 5,467 GTE 8,786, % 2.6% (57.6%) % 14.5% 16.9% 3,369 HSE 5,678,739 (24.9%) (68.5%) (38.6%) % 19.1% 20.0% 14,625 IMO 3,809,913 (2.) (15.9%) 6.3% % 29.1% 32.9% 18,566 IPL 8,698, % 9.9% (2.) % 30.3% 27.5% 28,719 KEL 16,592, % 2.3% (9.3%) % 24.1% 26.6% 9,097 KEY 1,561,191 (7.9%) 1.5% 166.5% % 33.5% 18,270 MEG 20,676,063 (3.) (22.5%) 26.4% % 15.2% 17.6% 8,884 MTL 1,994, % 2.7% 179.4% % 32.1% 27.7% 3,654 NVA 4,973,472 (6.1%) (44.3%) (0.6%) % 18.5% 14.7% 4,889 NXE 5,345,953 (3.9%) (1.5%) 64.3% % 19.4% 27.5% 5,290 PD 4,444,115 (25.9%) (30.0%) 12.0% % % 17,611 PEY 3,688,307 (2.6%) 19.1% 139.3% % 28.7% 29.9% 18,970 PKI 1,558,801 (22.9%) (76.6%) (42.4%) % 14.4% 23.6% 6,862 POU 3,062,144 (62.3%) (61.6%) 29.9% % 18.9% 23.0% 9,368 PPL 15,825,632 (2.5%) 2.3% 21.5% % 24.6% 32.1% 37,419 PSI 1,203,332 (1.5%) (2.1%) (36.5%) % 11.1% 14.2% 1,401 LTM

8 Short Interest % Vol. Shorted % Trades Shorted # Short Trades Ticker Latest %. -1Mo. %. SI Ratio (%) Latest LTM Latest LTM Current LTM PSK 3,903,261 (6.2%) 1.0% (52.5%) % 18.6% 21.4% 11,344 PXT 1,167,416 (7.0%) (81.7%) (81.7%) % 14.9% 6,864 RRX 3,914, % 2.5% % 19.5% 24.2% 10,457 SCL 817,033 (2.4%) (16.1%) 148.5% % 19.7% 28.5% 4,175 SES 1,930, % 9.0% (37.6%) % % 3,225 SPE 8,693,335 (4.5%) 5.5% 636.2% % % 12,129 SU 13,897,800 (18.3%) (7.5%) % 14.2% 32,330 TCW 3,283,980 (24.6%) 21.9% 14.0% % 17.3% 18.5% 17,396 TOG 4,968,918 (8.) (6.7%) 185.1% % 23.9% ,216 TOU 4,019,171 (3.6%) (62.4%) (64.1%) % 22.7% 26.1% 14,048 TRP 23,681,418 (6.0%) (15.2%) (29.5%) % 13.4% 11.1% 16,239 VET 1,516,478 (15.0%) % % 20.3% 21.6% 8,502 VII 4,066,312 (14.2%) (61.2%) (51.9%) % 15.3% 19.1% 19,057 VSN 1,247, % (53.7%) (54.2%) % 20.0% 17.0% 5,974 WCP 4,123,499 (16.2%) (24.7%) (17.4%) % 22.1% 16.6% 13,604

9 Financials Summary - 9/30/2017 Average Short Interest % Change Vs TSX Ratio of SI Increases/Decreases Financials Avg. TSX Avg. 7 (5%) (1%) 2 (16%) Curr. %. -1 Mon. %.. Increases Decreases Average % of Volume Shorted Vs TSX 22% 21% Avg. % Financials Vol. Shorted Avg. % TSX Vol. Shorted 1 17% 16% Largest % Increases In Short Interest Ticker Latest SI %. Largest % Decreases In Short Interest Ticker Latest SI X 362, ,018 42% IFC 1,294,095 1,776,282 (27%) 82% EFN 11,301,898 10,563,457 7% (6%) BAM.A 2,847,795 3,810,794 (25%) (53%) NA 9,556,114 8,981,791 6% (39%) RY 4,941,554 6,121,845 () (86%) AD 1,252,230 1,220,896 3% 40% MFC 13,018,647 16,049,030 () (6) GWO 26,433,930 25,860,949 2% (5%) FFH 100, ,643 (14%) (3) %.

10 Financials - Breakdown Short Interest % Vol. Shorted % Trades Shorted # Short Trades -1Mo. % Ticker Latest %.. SI Ratio (%) Latest LTM Latest LTM Current AVG. (4.) (1.4%) (15.7%) % 20.2% 19.5% 12,298 AD 1,252, % 14.9% 39.7% % % 2,197 BAM.A 2,847,795 (25.3%) (53.2%) (52.6%) % 23.5% 21.2% 18,683 BMO 8,219,847 (10.6%) (21.4%) (62.6%) % 18.0% 16.2% 17,181 BNS 23,005,789 (8.6%) (17.) (45.3%) % 17.9% 16.0% 28,927 CIX 2,301,380 (12.4%) (14.5%) (32.3%) % 18.2% 21.9% 9,473 CM 11,681,174 (4.6%) (11.) (22.5%) % 20.5% 20.1% 24,201 CWB 3,641,907 (2.9%) 13.0% 6.6% % 17.3% 20.3% 8,910 ECN 3,392,599 (8.6%) 53.6% 112.0% % 13.5% 10.0% 3,668 EFN 11,301, % (1.4%) (5.7%) % 34.4% 31.5% 14,597 FFH 100,067 (14.2%) (7.1%) (37.) % 26.2% 25.9% 1,918 GWO 26,433, % 1.4% (5.0%) % 25.7% 22.0% 9,134 HCG 2,043,345 (1.4%) 41.5% (13.3%) % % 5,443 IAG 914,763 (13.4%) (2.5%) 29.6% % % 2,157 IFC 1,294,095 (27.1%) (27.0%) 82.1% % 16.5% 17.6% 5,027 IGM 5,746,392 (0.4%) (0.5%) (19.3%) % 16.5% 18.0% 4,239 LB 509,853 (7.6%) (4.2%) (58.0%) % 20.0% 23.0% 3,793 MFC 13,018,647 (18.9%) (21.4%) (68.0%) % 17.6% ,039 MIC 2,430,664 (1.6%) 3.4% (12.0%) % % 3,401 NA 9,556, % 1. (39.2%) % 17.3% 19,119 ONEX 539,514 (7.3%) (4.7%) (4.9%) % 16.9% 18.4% 2,898 POW 11,742,830 (1.3%) (8.3%) (41.3%) % 20.5% 12,665 PWF 11,611,386 (0.4%) (1.1%) (28.5%) % 14.1% 17.4% 7,675 RY 4,941,554 (19.3%) (50.9%) (86.5%) % 26.3% 19.4% 34,692 SLF 16,345,360 (0.) (7.9%) (22.2%) % 24.1% 20.1% 18,232 TD 48,934,006 (3.9%) (6.7%) (40.) % 17.7% 16.5% 39,889 TRI 23,736, % (2.2%) (15.6%) % 16.0% 11.1% 7,465 X 362, % 98.1% 20.1% % ,435 LTM

11 Health Care Summary - 9/30/2017 Average Short Interest % Change Vs TSX Ratio of SI Increases/Decreases Health Avg. TSX Avg. 2 (13%) (16%) 1 (35%) Curr. %. -1 Mon. %.. Increases Decreases Average % of Volume Shorted Vs TSX 25% 23% 21% Avg. % Health Vol. Shorted Avg. % TSX Vol. Shorted 17% 15% 13% Short Interest % Vol. Shorted % Trades Shorted # Short Trades Ticker Latest %. -1Mo. %. SI Ratio (%) Latest LTM Latest LTM Current LTM AVG. (12.5%) (15.6%) (35.3%) % 17.0% 20.3% 7,609 CSH.UN 681,975 (27.3%) 12.6% (49.9%) % 18.3% 16.1% 3,634 EXE 1,736, % (13.2%) (40.6%) % 18.1% 19.0% 2,765 GUD 489,167 (43.5%) (41.4%) (75.5%) % 8.6% 15. 1,094 PLI 8,160, % 2.3% (14.6%) % % 4,243 VRX 5,155,144 (3.) (64.6%) (40.5%) % 28.2% 28.0% 24,882 WEED 3,408,870 (3.5%) 10.5% 9.3% % 17.0% 14.3% 9,033

12 Industrials Summary - 9/30/2017 Average Short Interest % Change Vs TSX Ratio of SI Increases/Decreases Indust. Avg. TSX Avg. 100% % 14% Curr. %. -1 Mon. %.. Increases Decreases Average % of Volume Shorted Vs TSX 22% 21% Avg. % Indust. Vol. Shorted Avg. % TSX Vol. Shorted 1 17% 16% 15% 14% Largest % Increases In Short Interest Ticker Latest SI %. Largest % Decreases In Short Interest Ticker Latest SI BBU.UN 345,809 55, % 1,159% WCN 555, ,859 (36%) 31% WPRT 231, ,028 (62%) NFI 115, ,671 (34%) (77%) MDA 1,686,475 1,535,872 10% 302% WTE 797,371 1,184,653 (33%) (15%) BYD.UN 813, ,887 9% 81% STN 1,792,048 2,193,130 (1) (2) TIH 714, ,566 6% (4%) BBD.B 26,940,602 30,613,315 (12%) (30%) %.

13 Industrials - Breakdown Short Interest % Vol. Shorted % Trades Shorted # Short Trades -1Mo. % Ticker Latest %.. SI Ratio (%) Latest LTM Latest LTM Current AVG. 14.2% % % ,366 AC 6,420, % (51.2%) (52.3%) % 11.4% 12.3% 19,414 ARE 1,115,774 (9.1%) (28.4%) (55.) % 13.5% 19.5% 4,138 ATA 1,013, % 5.2% (82.7%) % 15.7% 14.7% 1,881 BAD 1,315, % (7.4%) 9.4% % 57.4% 51.3% 4,352 BBD.B 26,940,602 (12.0%) (73.9%) (30.0%) % 22.6% 21.0% 35,369 BBU.UN 345, % 3,046.3% 1,159.5% % 9.5% 12.9% 914 BYD.UN 813, % 81.1% % 33.3% 29.2% 1,141 CAE 2,834, % (5.7%) 57.0% % 15.2% 15.2% 9,246 CNR 8,640,616 (6.4%) (28.3%) (29.6%) % % 23,571 CP 1,104,820 (5.3%) (27.2%) (38.2%) % 25.9% 10,294 EIF 1,143,188 (0.9%) (3.4%) (34.3%) % 18.7% 13.4% 1,161 FTT 1,146, % (17.3%) (29.4%) % 10.5% 9.9% 3,242 MDA 1,686, % 301.7% % 54.3% 49.7% 7,073 MSI 387,120 (5.5%) 2.9% 9.0% % 9.2% 11.5% 544 NFI 115,185 (33.7%) (19.0%) (77.2%) % 9.2% 11.9% 1,839 RBA 2,552, % 1.9% % 34.0% 34.0% 4,703 RUS 3,416,659 (1.5%) 4.1% (14.2%) % 26.2% 23.7% 3,894 SNC 1,467,992 (6.3%) (31.5%) (7.3%) % 25.9% 9,288 STN 1,792,048 (18.3%) (22.7%) (27.6%) % 9.6% 14.1% 2,491 TCL.A 1,817,037 (8.4%) 0.2% (24.6%) % 4.6% 6.0% 942 TFII 643,291 (9.3%) (12.) (32.3%) % % 3,078 TIH 714, % 7.4% (4.3%) % 18.2% 18.2% 2,597 WCN 555,299 (35.9%) (62.) 30.9% % 26.7% 23.6% 8,214 WJA 1,805,609 (10.1%) (1.9%) (52.9%) % 23.2% 23.3% 5,908 WPRT 231, % 20.6% (62.3%) % % 2,171 WSP 618,487 (8.2%) (15.5%) (67.4%) % 14.2% 12.3% 1,678 WTE 797,371 (32.7%) (33.7%) (14.) % 14.1% 20.1% 2,744 LTM

14 Information Technology Summary - 9/30/2017 Average Short Interest % Change Vs TSX Ratio of SI Increases/Decreases I.T. Avg. TSX Avg. 2% 3 (7%) 1 (2) Curr. %. -1 Mon. %.. Increases Decreases Average % of Volume Shorted Vs TSX 24% 22% Avg. % I.T. Vol. Shorted Avg. % TSX Vol. Shorted 1 16% 14% 12% Largest % Increases In Short Interest Ticker Latest SI %. Largest % Decreases In Short Interest Ticker Latest SI SHOP 362, , % CSU 125, ,625 (25%) (46%) CMG 3,396,014 3,327,572 2% 24% GIB.A 1,600,346 1,975,788 () (84%) ENGH 415, ,248 0% (17%) BB 4,537,633 5,421,054 (16%) (80%) OTEX 1,309,075 1,531,318 (15%) 27% MNW 1,588,143 1,810,362 (12%) (26%) %.

15 Information Technology - Breakdown Short Interest % Vol. Shorted % Trades Shorted # Short Trades -1Mo. % Ticker Latest %.. SI Ratio (%) Latest LTM Latest LTM Current AVG. (6.) (27.5%) 2.3% % ,688 BB 4,537,633 (16.3%) (76.7%) (80.0%) % 20.2% 21.3% 31,759 CLS 3,048,703 (2.5%) (2.5%) 77.4% % 16.3% 13. 2,887 CMG 3,396, % 0.0% 24.3% % % 1,311 CSU 125,118 (24.9%) (47.2%) (45.) % 23.3% 23.5% 1,462 DSG 1,066,222 (2.5%) (48.6%) (49.) % 15.1% 18.0% 2,802 ENGH 415, % 5.6% (16.) % 17.7% GIB.A 1,600,346 (19.0%) (78.9%) (83.) % 17.9% 17.6% 8,599 KXS 473,006 (1.5%) 9.6% 32.2% % 28.1% 27.0% 2,604 MNW 1,588,143 (12.3%) (16.7%) (25.6%) % % 1,811 OTEX 1,309,075 (14.5%) (24.5%) 27.2% % 8.7% 10.2% 4,702 SHOP 362, % (41.5%) 249.3% % 21.3% 18. 8,039 SW 305,887 (0.9%) (9.0%) (80.7%) % % 1,620 LTM

16 Materials Summary - 9/30/2017 Average Short Interest % Change Vs TSX Materials Avg. TSX Avg. Ratio of SI Increases/Decreases 9 5 (3%) (6%) Curr. %. -1 Mon. %.. Increases Decreases Average % of Volume Shorted Vs TSX 23% 22% 21% Avg. % Materials Vol. Shorted Avg. % TSX Vol. Shorted 1 17% 16% 15% Largest % Increases In Short Interest Ticker Latest SI %. Largest % Decreases In Short Interest Ticker Latest SI LUN 11,341,251 4,235, (55%) EDV 698,201 1,323,350 (47%) 515% LUC 1,350, ,003 44% 46% FNV 1,005,926 1,644,496 (39%) (57%) YRI 10,361,617 8,500,636 22% 69% AGU 388, ,439 (35%) (52%) IFP 357, ,225 17% (26%) KL 3,158,222 4,639,530 (32%) 44% LIF 820, ,239 17% (23%) IMG 3,661,800 5,131,605 (29%) (67%) %.

17 Materials - Breakdown Short Interest % Vol. Shorted % Trades Shorted # Short Trades -1Mo. % Ticker Latest %.. SI Ratio (%) Latest LTM Latest LTM Current AVG. (2.9%) (6.2%) 20.3% % 21.5% 21.9% 11,206 ABX 4,033,705 (28.6%) (53.2%) (60.7%) % 16.4% 13.0% 17,933 AEM 747,907 (19.7%) (52.0%) (46.4%) % 19.5% 20.2% 13,915 AGI 4,489,245 (17.5%) (15.6%) (30.5%) % 27.7% 28.6% 15,810 AGU 388,182 (34.) (61.3%) (52.1%) % 18.0% 17.5% 7,205 ASR 6,963,503 (5.9%) 2.3% (11.4%) % 22.9% 26.1% 5,919 BTO 20,001,748 (11.0%) (8.1%) 2.1% % 10.9% 15.5% 11,182 CAS 1,313,190 (4.9%) 23.5% (84.7%) % 20.4% 22.3% 5,205 CCL.B 1,023,369 (16.) (33.5%) 28.6% % % 9,018 CFP 1,854,905 (7.) (12.6%) (61.6%) % 15.0% 16.7% 4,127 CG 2,688,359 (7.3%) (8.2%) (44.6%) % % 5,841 CHE.UN 1,452, % 13.6% 4.9% % 12.4% 10.7% 1,484 DDC 773, % 19.5% (34.3%) % 15.9% 15. 1,399 DGC 3,845,817 (15.3%) (58.2%) (59.) % 18.2% 18.0% 14,560 EDV 698,201 (47.2%) (47.2%) 514.5% % 24.9% 33.7% 5,863 ELD 9,745,237 (19.5%) (65.5%) % 18.0% 17.3% 11,622 FM 6,329,320 (11.) (18.4%) (6.) % 31.4% 30.1% 53,608 FNV 1,005,926 (38.) (47.6%) (56.6%) % % 14,225 FR 6,953, % % % 27.5% 29.4% 12,556 FVI 725,040 (19.3%) (6.9%) 114.9% % 11.5% 11.1% 3,601 G 5,187,608 (13.4%) (42.4%) (42.6%) % % 17,955 GUY 5,415,314 (2.3%) % % 24.2% 13.3% 5,207 HBM 3,618,148 (13.6%) (4.9%) (33.1%) % 23.3% 24.7% 33,569 IFP 357, % (33.7%) (26.4%) % 23.9% 21.2% 4,846 IMG 3,661,800 (28.6%) (63.1%) (67.0%) % 13.5% 10,094 ITP 1,086,887 (21.3%) (18.2%) 45.3% % 14.2% 3,344 IVN 11,279, % 22.6% 102.0% % 23.7% 25.3% 12,305 K 4,384,620 (18.6%) (91.) (88.4%) % 18.6% 19.3% 19,466 KDX 4,455, % 38.5% (55.3%) % 23.0% 28.6% 11,458 KL 3,158,222 (31.9%) 14.1% 43.7% % 19.3% 20.6% 13,397 LIF 820, % 11.5% (23.4%) % 24.2% 22.0% 6,562 LUC 1,350, % 208.1% 46.1% % 27.2% 22.3% 4,083 LUN 11,341, % (54.) % 9.1% 8.1% 9,830 MAG 1,159,985 (4.3%) (8.2%) 24.1% % 25.6% 29.0% 4,937 MX 209,513 (10.7%) (48.5%) (82.1%) % 21.0% 22.4% 10,550 NG 3,019,607 (1.4%) 34.9% (6.2%) % 25.7% 27.4% 4,674 NGD 12,882, % (60.7%) (36.6%) % 24.3% 22.2% 10,411 LTM

18 Short Interest % Vol. Shorted % Trades Shorted # Short Trades Ticker Latest %. -1Mo. %. SI Ratio (%) Latest LTM Latest LTM Current LTM NSU 6,835, % 8.3% 252.7% % 19.4% 27. 7,351 OGC 10,277, % (1.7%) 36.5% % 28.1% 26.4% 15,582 OR 3,644,161 (23.0%) (11.0%) 44.2% % 31.4% 34.0% 11,274 OSB 483,444 (7.3%) 16.0% (42.2%) % 29.1% 30.4% 13,815 PAAS 947, % (11.2%) (8.1%) % 16.6% 20.7% 4,896 POT 6,847,648 (16.6%) (33.3%) (52.2%) % 23,968 PVG 5,469, % 96.9% % 25.3% 21.2% 15,966 SJ 2,200, % 22.6% 6.4% % 31.6% 26.6% 2,749 SMF 4,082,136 (6.6%) (16.0%) 84.6% % 14.6% 12.9% 7,471 SSL 15,869, % 8.3% 29.6% % 27.9% 32.1% 9,600 SSRM 786, % (3.6%) (72.9%) % 27.6% 33.3% 5,783 TECK.B 3,789,596 (7.) (61.2%) % 29.2% 16.5% 26,663 THO 3,636,203 (9.7%) (16.) 23.5% % % 17,899 TRQ 7,921, % 26.5% 62.1% % 22.3% 20.0% 7,177 TXG 989,659 (5.2%) 7.6% (16.7%) % 20.4% 21.5% 5,978 WEF 2,483,165 (7.7%) (21.1%) 261.2% % 17.9% 12.2% 4,819 WFT 1,142, % 11.0% (1.3%) % 33.2% 34.6% 12,790 WPK 279,250 (2.9%) 35.6% 141.5% % % 1,209 WPM 3,107,560 (13.7%) (31.1%) (37.4%) % 26.5% 27.2% 15,128 YRI 10,361, % 39.7% 69.4% % 20.6% 25.3% 19,630

19 Real Estate Summary - 9/30/2017 Average Short Interest % Change Vs TSX Ratio of SI Increases/Decreases Real Estate Avg. TSX Avg. 2 1% 1 (4%) Curr. %. -1 Mon. %.. Increases Decreases Average % of Volume Shorted Vs TSX 23% 22% 21% Avg. % REIT Vol. Shorted Avg. % TSX Vol. Shorted 1 17% 16% 15% 14% Largest % Increases In Short Interest Ticker Latest SI %. Largest % Decreases In Short Interest Ticker Latest SI HR.UN 998, ,453 43% 1% DRG.UN 1,070,719 1,508,152 (29%) (4) FSV 103,363 86,791 4 AAR.UN 1,206,664 1,644,196 (27%) (70%) REF.UN 474, ,242 5% (24%) FCR 1,188,257 1,486,145 () (1%) NVU.UN 563, ,285 4% (52%) SRU.UN 1,022,677 1,241,728 (1) 221% CAR.UN 913, ,113 3% 29% AP.UN 620, ,390 (16%) (3) %.

20 Real Estate - Breakdown Short Interest % Vol. Shorted % Trades Shorted # Short Trades -1Mo. % Ticker Latest %.. SI Ratio (%) Latest LTM Latest LTM Current AVG. (4.3%) % % 16.6% 16.5% 2,981 AAR.UN 1,206,664 (26.6%) (44.2%) (70.0%) % 9.1% 7.4% 2,439 AIF 329,992 (6.) (12.9%) (38.5%) % 14.3% 18.6% 1,182 AP.UN 620,931 (16.4%) (11.1%) (38.0%) % 30.0% 31. 4,740 AX.UN 4,178,680 (0.2%) % % 13.5% 2,241 BEI.UN 1,659,732 (4.3%) 5.6% 16.0% % 26.1% 27.2% 3,615 BPY.UN 448,471 (10.9%) (2.7%) (12.7%) % 14.0% 14.1% 1,740 CAR.UN 913, % 9.1% 28.9% % 17.2% 10.9% 2,068 CIGI 130,596 (1.7%) 1.9% (47.2%) % 8.9% 9.0% 524 CRR.UN 2,334,320 (0.) 11.7% (1.1%) % 25.9% 26.4% 2,750 CUF.UN 2,902,341 (3.7%) 0.0% % 26.0% 22.4% 6,042 D.UN 1,107,031 (16.1%) 45.2% (38.0%) % 5.4% 11.7% 2,584 DRG.UN 1,070,719 (29.0%) (16.0%) (47.9%) % 13.3% 15.5% 3,928 FCR 1,188,257 (20.0%) (15.2%) (1.1%) % 13.3% 17.9% 4,955 FSV 103, % 10.7% % 18.1% 20.6% 848 GRT.UN 673, % (5.0%) 1.3% % 8.0% 10.4% 1,079 HR.UN 998, % 42.0% 1.0% % 19.2% 17.6% 6,856 NVU.UN 563, % (34.1%) (51.5%) % 12.3% 11.5% 1,028 REF.UN 474, % 11.2% (24.2%) % 28.9% 16.4% 1,940 REI.UN 1,483,833 (12.9%) (21.3%) 44.1% % 10.3% 10.4% 4,665 SRU.UN 1,022,677 (17.6%) (8.7%) 221.4% % 9.7% 1,803 TCN 5,784, % 20.1% 73.2% % 23.9% 24.1% 5,583 LTM

21 Telecommunications Summary - 9/30/2017 Average Short Interest % Change Vs TSX Ratio of SI Increases/Decreases Telco. Avg. TSX Avg. 1 (7%) (14%) Curr. %. -1 Mon. %.. 0 Increases Decreases Average % of Volume Shorted Vs TSX 22% 1 Avg. % Telco. Vol. Shorted Avg. % TSX Vol. Shorted 16% 14% 12% 10% Short Interest % Vol. Shorted % Trades Shorted # Short Trades Ticker Latest %. -1Mo. %. SI Ratio (%) Latest LTM Latest LTM Current LTM AVG. (2.0%) (6.6%) (14.0%) % 18.2% 17.3% 17,393 BCE 33,222,906 (2.9%) (5.1%) (4.7%) % 20.1% 18.6% 25,286 RCI.B 17,166,259 (1.0%) (5.6%) (22.3%) % 16.4% 15.4% 13,204 T 15,820,860 (2.0%) (9.0%) (15.1%) % 18.0% 18.0% 13,689

22 Utilities Summary - 9/30/2017 Average Short Interest % Change Vs TSX Ratio of SI Increases/Decreases Utilities Avg. TSX Avg. 39% 3 1 () (9%) Curr. %. -1 Mon. %.. Average % of Volume Shorted Vs TSX Increases Decreases 26% 25% 24% Avg. % Utilities Vol. Shorted Avg. % TSX Vol. Shorted 23% 22% 21% 1 17% 16% Largest % Increases In Short Interest Ticker Latest SI %. Largest % Decreases In Short Interest Ticker Latest SI CU 4,642,721 4,513,103 3% (23%) BIP.UN 440,916 2,695,393 (84%) 60% INE 3,284,147 3,211,564 2% (9%) RNW 1,014,362 1,269,496 () (5) EMA 6,666,875 6,529,693 2% 4% CPX 818, ,183 (1) (46%) BLX 2,665,578 2,640,641 1% (26%) TA 3,139,539 3,687,284 (15%) (6) SPB 2,746,351 3,174,208 (13%) (1) %.

23 Utilities - Breakdown Short Interest % Vol. Shorted % Trades Shorted # Short Trades Ticker Latest %. -1Mo. %. SI Ratio (%) Latest LTM Latest LTM Current AVG. (11.1%) 38.5% (9.1%) % 18.2% 18.7% 6,760 ACO.X 1,932,059 (3.5%) (4.) (24.9%) % 14.4% 13. 2,198 AQN 4,953,557 (4.7%) (5.0%) (76.) % 23.5% 23.1% 15,504 BEP.UN 744,325 (5.6%) 4.1% 26.2% % 14.0% 12. 2,309 BIP.UN 440,916 (83.6%) 711.3% 59.5% % 24.7% 16.7% 7,778 BLX 2,665, % (1.0%) (26.1%) % 22.7% 28.7% 3,695 CPX 818,618 (17.6%) (13.6%) (46.3%) % 16.0% 4,121 CU 4,642, % (1.4%) (22.) % 14.6% 14.7% 3,416 EMA 6,666, % (11.7%) % 29.4% 28.0% 15,867 FTS 15,683,333 (1.4%) (12.6%) 84.7% % 18.5% 17,761 H 6,626,594 (11.5%) (18.9%) 56.3% % 20.9% 21.3% 12,204 INE 3,284, % 5.9% (9.1%) % 20.9% 26.0% 3,230 JE 4,267,433 (3.6%) (10.3%) (12.3%) % 16.1% 16.1% 4,790 NPI 3,132,324 (6.4%) (4.1%) (13.5%) % 15.4% 3,082 RNW 1,014,362 (20.1%) (1.0%) (58.4%) % 7.4% 9.4% 2,799 SPB 2,746,351 (13.5%) (13.2%) (18.0%) % 10.5% 13.0% 3,597 TA 3,139,539 (14.9%) (7.5%) (68.1%) % 20.4% 26.0% 5,809 LTM