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It wont be made public until later this afternoon. The shorters who have registered their position with the FCA have to notify by 3.30 on the day after a change in position has happened. So they will record yesterday's movement (9th) today and we should be able to see about 5.00 pm when the spreadsheet gets updated online. If they did the same yesterday (0.25%) as on the 8th only leaves 0.17% which should get done today - reported tomorrow afternoon.
Once the short goes below 0.50 %. short tracker will not show any further movement unless it goes back above 0.50% .
It really makes no difference if the short has closed or not.
I'd rather it was still open as the buying back to close it has clearly made no difference to the SP.
There is clearly a feeling of underhandedness however I would like to think if nothing else that this short closing has finally rid us of whichever entity has been causing the overhang.
Time will tell I suppose.
No change from yesterday’s notification according to this.
Company % short Date changed
BUSHVELD MINERALS LTD 0.42% 8 Oct 2019
https://shorttracker.co.uk/manager/public-equity-partners-management-lp/
The short is fully closed now by the looks of things.
@BB the position on the 8th was published yesterday, the 9th. At this rate it may be closed today, probably by tomorrow though.
@raz.
I believe that the short data is 2days old when published. So 8th Oct position is published on 10th. Happy to be corrected though.
Fact is they are closing and will be out of our hair soon.
The website is "Research Tree Short Tracker. Just do a google search and you should be able to find the link. Looks like LSE have some sophisticated SW that does not like that name....
Raz put a space in the link somewhere, that usually works
will try one last time
*********************/shortinteresttracker
but the missing words are
*********************
sorry
not sure what happened to the link
https://*********************/shortinteresttracker
The last year has shown that the only market they are interested in creating is one for themselves. They have cost countless PI's thousands by this year long campaign to destroy the share price.
The FCA know about this case and have not acted yet. Says it all. It's blatant.
Hi
The table is from the 8th October. The graph is showing zero %. Also this second source i normally use to track the short is no longer showing BMN at all.
https://*********************/shortinteresttracker
The graph shows 0%. The table below shows 0.42%. Not closed but reduced. Will the last shorter out please light the blue touch paper!
What is also pathetic is the NT for any large amounts at 20.5.
It's not like they don't have a mountain of shares from those coerced out of their shares by the frenzied 'Help for Shorters' charity campaign running in the last few days. They just don't want to sell them at these prices because they know they can get a lot more..
Definitely looks like its closed.
I checked the below source and one other. Showing as 0%
https://shorttracker.co.uk/company/GG00B4TM3943/
Quite scandalous how an entity can open a Short position, lowering the SP in the process, then close the Short at SP lows, yet the repurchasing of millions of shares does nothing to raise the SP.
Shame on the MMs for being implicitly involved in such a charade and for the FCA to allow such abuse.
I got this in my inbox this morning on short position. News is getting around as we build up to 31 October.
'The level of disclosed Short Interest in BMN has changed materially.
Short Interest has moved from 0.67% on the previous trading day to 0.00% today. That is a movement of -0.67 percentage points.
Click here to see the full detail broken down by fund
This data is taken from the FCA and comprises all disclosed short positions above the 0.5% reporting threshold requirement.
Thanks,
The Research Tree team'