Weekly Reports | Nov 28 2019
See Guide further below (for readers with full access).
Week ending November 21, 2019
Last week the ASX200 breached the 6800 mark once again on a dovish set of RBA minutes, before the Westpac bombshell was dropped and the index copped a two-day sell-off.
There was not a lot of movement in short positions last week, bar a couple of notables.
Kirkland Lake Gold ((KLA)) shorts jumped back to 12.9% from 7.7%, marking the fourth consecutive weekly bounce between the 12s and the 7s and back again. Last week the Canadian based miner announced a takeover of compatriot Detour Gold and the share price promptly fell -9%.
Bellamy's Australia ((BAL)) fell off the 5% plus table last week from 8.4% shorted, while Saracen Mineral Holdings ((SAR)) shorts dropped to 5.1% from 7.8%.
Weekly short positions as a percentage of market cap: