Interesting, seems to be quite a bit of shorting going on. Since Feb there seems to have been a downward trend, is it oil sentiment or is there more to the picture. Seems like commodities are always held in the negative light. Personally think TAP is oversold, same thing happened with minerals where market was overly pessimistic and missed the point of inflection.
http://www.shortman.com.au/stock?q=tap
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 0 Date Gross shorts 1 Issued capital % Capital shorted 2 Trade volume 3 Shorts as % of volume 1 Fri 2nd Jun, 2017 2,926,037 424,967,534 0.68% 172,307 1698.15%
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