According to Reuter's the number of Institutional Investors holding Connacher shares has dropped from 44 to 41 and the percentage of shares owned by the Institutional Investors has also dropped today.
http://www.reuters.com/finance/stock...
Institutional Holders Summary
Connacher Oil and Gas Limited (Toronto Stock Exchange) April 30, 2009
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% Shares Owned: |
30.25% |
# New Positions: |
0 |
# of Holders: |
41 |
# Closed Positions: |
3 |
Total Shares Held: |
63,924,815 |
# Increased Positions: |
2 |
3 Mo. Net Change: |
-1,398,695 |
# Reduced Positions: |
5 |
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# Net Buyers: |
-3 |
Best Wishes; Scott