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A quick comment on numbers before JT
Volume has shot up - approx 5M shares already retargets 22M for the day. This figure has been at 5M ish for for while
Numbers - lots of trades. 1700 so far. For comparison, Friday had around 500 trades.
Size of trades - £55k is the largest on the Barclays website. So, it looks like it is lots of small trades
There is some buy pressure - Barclays stockbrokers has the following large trades. These all happened at 11:01, which is a bit of a coincidence ...
Time Price Volume Value Buy/Sell Type
11:01 55.60p 321,914 £178,984 Buy AT
11:01 55.60p 240,484 £133,709 Buy AT
11:01 55.60p 137,430 £76,411 Buy AT
11:01 55.60p 65,088 £36,189 Buy AT
11:01 55.60p 52,884 £29,404 Buy AT
Data from the london stock exchange (1 hour offset) show the big trades and that they were all off-book and not ALGO
2020-09-03T08:10:10.620 GBX 54.825 1027500 £563326.875 Off-Book XLON
2020-09-03T08:19:08.677 GBX 54.825 959379 £525979.5368 Off-Book XLON
2020-09-03T08:19:20.213 GBX 54.825 959000 £525771.75 Off-Book XLON
2020-09-03T09:35:48.047 GBX 55.418 453720 £251442.5496 Off-Book XLON
2020-09-03T07:34:20.480 GBX 54.38 120605 £65584.999 Off-Book XLON
2020-09-03T10:18:30.910 GBX 55.216 90087 £49742.43792 Off-Book XLON
Apologies if this was already posted. Curent shorters from shortdata shows KUVARI increased recently!
Gladstone Capital Management LLP, 0.99%, ? -0.20%, Thu August 13, 2020
KUVARI PARTNERS LLP, 0.75%, ? 0.22%, Mon August 24, 2020 Total shorts: 1.74%