The Short Report – 21 Nov 2019

Weekly Reports | Nov 21 2019

See Guide further below (for readers with full access).


Week ending November 14, 2019

Last week the ASX200 finished where it had started, at around 6700, with a little foray up to 6760 in between. The past two weeks have featured extensive day to day volatility akin to the proverbial paddling duck. Today’s trade is a rare case of stringing two days together in the same direction.

Such volatility is possibly why there was only one stock seeing a move of one percentage point or more in short position last week. And that was Kirkland Lake Gold ((KLA)).

Three weeks ago Kirkland shorts fell from 12% to 7% and then two weeks ago it was back to 12% and last week back to 7%.

Not even going to try.

No Movers & Shakers this week. Apologies for a short…ahem…report, but sometimes nothing happens.

Weekly short positions as a percentage of market cap:

SYR    16.7
GXY   16.4
GWA  15.4
ORE    13.9
ING     13.9
SDA    13.0
CGC    12.4
NXT    12.4
BOQ   12.3
JBH     11.4
WEB   10.9
BGA   10.5
BKL    10.4
DMP   10.3
HUB   10.1

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