Thanks Gomersal..........very worthwhile posting News of shorters demise much longed for and anticipated.......but to be kinder they must just be done with it soon. End of trading year Dec 31st and expect figures reported on March 31st or there abouts ( I think I am right ?!! ) ..........so Shorters have time to clear owf !! and gee owf moi land or its up the b*m wiv rod and gun. duster
Difference is the Blackrock Advisors .47% short, which is below the .5% declaration level. Seems unlikely that this has been cleared in full since the 16/10/2014, as this represents 2,150,000 shares. By the way, there may be other short positions below the .5% declaration threshold. Oxford Asset Management had a declared .5% short, which went down to .49%, so dropped off the FCA declaration list. All good news as you say
On shorttracker.co.uk the new short position is 3.98% and looks like blackrock have closed out further than your note suggests. All this is very good news for the SP.
Blackrock (NA) reduce again
Blackrock (NA) reduced their short again on friday by .05%, following reductions on monday and thursday, taking the reduction from 1.08% to .89%, which is 870,000 shares. The total weekly reduction in short position for last week is .42%, which is 1.95 million shares, bought by the shorters in a week. The declared short position is down to 4.43%, so the shorters have another 20.29 million shares to buy, in order to close out their exposure. We could be seeing the start of a bear squeeze, which should see the SP rise, unless the shorters have covered in some large deep pools. Given that the directors also bought 3.35 million shares last week, that should have reduced the MMs stocks of shares, and give the SP some upward impetus.
Trading statement out. ARM. Looking good even though sp Down. Knock on/view of market hopefully.
Shorts continue to close
3 discclosures to FCA on 16/10/2014 Blackrock Advisors (UK) LTD dropped from .57% to .47% and is now not on the disclosure for 20/10/2014, so we are no longer able to follow this one closing further. Blackrock (NA) dropped from 1.08% to .94%, following a .11% drop on 13/10/2014 Blackrock Investment Management (UK) dropped .12% the day after it had incresed its short by .05% Ennismore dropped .06% to .98% Still big volumes being traded, including over 8 million yesterday, and given Apple beating expectations, might we get more disclosures in the coming days. Surely the SP has to respond soon.
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