Some short covering:

 

Largest Short Position Decreases 2012.10.15 - 2012.10.31
Company Security Symbol 2012.10.31 2012.10.15 Net Change
Sun Life Financial Inc com SLF 20,243,036 32,885,079 -12,642,043
iShares S&P/TSX 60 Index index unit XIU 13,397,951 26,011,172 -12,613,221
Manulife Financial Corp com MFC 36,915,778 49,341,628 -12,425,850
Suncor Energy Inc com SU 9,988,512 19,792,219 -9,803,707
Kinross Gold Corp com K 15,364,018 24,956,684 -9,592,666
Canadian Natural Res Ltd com CNQ 8,779,106 17,599,964 -8,820,858
Barrick Gold Corp com ABX 5,817,666 13,606,014 -7,788,348