The Globe and Mail reports in its Thursday, March 26, edition that Gluskin, Sheff + Associates chief economist David Rosenberg is reiterating his positive stance on the Canadian banks. The Globe's Luke Kawa writes in the Inside the Market column that Mr. Rosenberg says the banks are "trading at their lowest multiples relative to the overall market in 13 years and with a dividend yield of 4 per cent, which is a record when benchmarked against a 1.5-per-cent yield on the 10-year government bond." Mr. Atkins notes that American investors have not shied away from betting against Royal Bank of Canada ($76.34), the country's largest bank by market capitalization. On the New York Stock Exchange, the number of shares of RBC that have been sold short reached 28.2 million by mid-March, or 2 per cent of its float, which is more than double the amount of short positions at the beginning of the year, according to Bloomberg. Mr. Rosenberg recommended buying Canadian banks on Feb. 28. Royal Bank shares were then trading at $78.31.