Following the release of their Annual & Sustainability Report in April and a board decision to initiate a share savings program to raise capital in May, Hexatronic experienced significant price volatility resulting in increased borrowing demand. According to Orbisa, utilization of lendable shares has risen from roughly 23% at the start of April to nearly 70% as of May 17.
Published June 1, 2023.
Orbisa data shows short sellers building positions in Wanguo Gold as utilization climbed to 91.5% and borrow costs rose sharply following record earnings and a HK$5.5 billion convertible bond announcement.
Equilend data shows Pinewood Technologies borrow quantity falling sharply after Ridgeview’s £545 million takeover approach shifted positioning in late July.
Equilend data shows Kumho Tire borrow positioning building through July before reversing after Q2 results, with squeeze signals emerging as shorts began to unwind.
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