RE: Stock on loan / shorts - + 2 million19 May 2022 16:35
Tilly, at the risk of being shot down / exposed as inexperienced, whilst I appreciate 50m is a high number and it has increased as you indicate, as a percentage of the shares in issue it is a small (ish) number. Is the percentage circa 1.75% a high level of stock to be out on loan compared to other shares?
I think I've learned a bit today, I hadnt picked up on the fact that brokers short shares and they are the ones they hold on behalf of shareholders, is that correct?
Cheers