RE: Sunday Times Business29 May 2024 13:49
Aim, just as a counter to your 1.8% (assume that is correct) of Capita shares being held short, and to advance the debate. Please see here a point i made on 26 March from NF's data of Capita ownership.
"What's interesting (to me anyway) is to look at the holding over time by Schroders. From February 2020, at the start of Covid-19 outbreak, they held just 101.031m shares. They stayed at this level until October '20 when they doubled up and bought a further 101.187m shares, to total 202.218m shares. This would have been just prior to the announcement of a Covid vaccine, with a huge proportion of the 40,000+ staff furloughed.
By August 2021 they had steadilly increased their position, to have by this time 309.079m. Since then they have further increased to now holding 321.826m"
So, over that given period, Schroders Investment Management increased their holding from 101m to 321m.....so a 320% increase.
E&oE