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Canadian oil town apartment owner's stock most shorted as bears circle

A wildfire-ravaged neighbourhood in Alberta in June. Investors are speculating that Boardwalk will face sliding rents and rising vacancies as energy companies cut jobs and employees leave the province.


CANADA'S largest residential landlord is one of the two most-shorted companies in North America as investors bet it will bear the brunt of a slow economic recovery in the oil-dependent region.

Short interest in Boardwalk Real Estate Investment Trust is at 37 per cent of its...

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