Short Monitor – Weekly declarations on the rise, still lower than pandemic highs
Source: Edison Investment Research, FCA.
Source: Edison Investment Research, FCA.
Unilever saw the greatest month-on-month increase in the UK top total UK shorts chart, with a total 4.8% shorted in November; significantly, 4.25% was shorted by Millennium International Management on 27 November. Pearson was the only other UK company with a greater than 4% month-on-month increase at 4.5%, bringing the total to 8.72%.
The gross number of weekly declarations has started to rise again following a long period of decline, reaching 130 in the last week of November. This represents an 11% increase from the last week in October (117). However, it is still 420 shorts lower than at the height of the pandemic.
Unilever saw the greatest month-on-month increase in the UK top total UK shorts chart, with a total 4.8% shorted in November; significantly, 4.25% was shorted by Millennium International Management on 27 November. Pearson was the only other UK company with a greater than 4% month-on-month increase at 4.5%, bringing the total to 8.72%.
The gross number of weekly declarations has started to rise again following a long period of decline, reaching 130 in the last week of November. This represents an 11% increase from the last week in October (117). However, it is still 420 shorts lower than at the height of the pandemic.