Member Info for PSK

Looking at the lates I think Wace may have closed.

29-May-24 17:00:17 2,897.00 863,807 Unknown* 25m O

29-May-24 17:08:11 2,897.00 863,807 Unknown* 25m O

Another 2 big ones.

Surely these companies shorting are not increasing further ffs

Whitbread need to put an RNS out soon stating 1st quarter looks good and on target.

28-May-24 18:13:14 2,944.19148 1,077,327 Unknown* 32m O

If this is not a short decreasing then I think we are totally getting hammered by short positions and it will only get worse.

GLG Partners now also shorting the stock.

Stock is over 20% down and new shorts are being opened I just don't get why with the good results.

I am confused also, the results were good that's why I invested.

this is seriously taking the **** now!! how weak is this shareprice with a buyback going on.

i think wace may have increased they're short again today.

RSI is gaining but the price has not moved, should move up shortly.

Glasshalfull

With the RSI dropping below 20 it was about to bounce.

Should bounce, RSI on the hourly is below 20

Here you go:

Investors short a stock are never entitled to its dividends, and that includes those short a stock on its dividend record date. Rather, short-sellers owe any declared dividend payments to the shares' lenders.

Glasshalfull

Shorters don't benefit on ex dividend when the price drops, otherwise everyone would short stocks going ex dividend. Not sure how it works but I am sure Google can explain

Wace has increased their short again ffs

Volume up today currently just over 800k

Slowly creaping up, just needs to hurry up a little. Ex dividend date next Thursday so will smack this back below £31 unless it can gain some more quickly.

Princeofdarkness

Let's hope that is the case then 😀

Princeofdarkness

If a bid came in the price will rise so a short position would lose them a lot of money.

Marshal Wace have again increased their short position, this was done yesterday.

Spent most of the day at £31 and then gives up pretty much all of the gains in the last 2 hours. Market is flying and this moves at a snails pace.

2 big unknown trades late reported just showed up.

Hopefully this is a short closing as seen by the price action into close. We will find out tomorrow of course.

Glasshalfull

Looks to me like someone is offloading, hopefully it's coming to an end.

The RSI was rising all day on the hourly but the price was not moving, then all of a sudden it shot up and then down and then back up into close, only the UT messed the finish up.