Is There A Huge Undisclosed Short In Oil Explorer Reconnaissance Energy Africa? ...Middle East

One of our picks for the most exiting oil plays of the last decade, Reconnaissance Energy Africa (TSX.V: RECO, OTCMKTS:RECAF) appears it may have come under heavy short selling as revealed in a recent report by Buyins.net. http://www.buyins.com/reports/recaf5-25-21.pdf Since late November 2020, 85,918,776 total shares of the company have been sold short in the U.S., according to the Buyins.net report. That means an average of 57.16% of the company’s shares traded every day in the U.S. look like they have been sold short. In Canada, the numbers…

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