Telesat Corp ( NASDAQ:TSAT – Get Free Report ) was the recipient of a significant increase in short interest in August. As of August 15th, there was short interest totalling 438,600 shares, an increase of 680.4% from the July 31st total of 56,200 shares. Currently, 3.6% of the company's stock are short sold. Based on an average trading volume of 570,200 shares, the days-to-cover ratio is presently 0.8 days. Telesat Stock Down 10.8 % TSAT stock traded down $2.25 during midday trading on Friday, reaching $18.

https://www.dailypolitical.com/2023/08/27/telesat-corp-nasdaqtsat-sees-large-growth-in-short-interest.html

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