2020-06-27
Weekly short selling bits and pieces: TCI exits their big WDI short; Internal investigations and likelihood of delisting; More on Wirecard and its critics. This week, we recorded three new campaigns, with targeted stocks trading 33.8% lower on average. We highlight the team effort of JCap and Hindenburg on a US-listed Chinese …
Read More2020-06-20
Weekly short selling bits and pieces: China updates short selling rules; iQIYI up in W25; Wirecard short interest spikes. This week, we recorded two new campaigns, with targeted stocks trading 1.5% higher on average. We highlight new short of Hindenburg and their success over at China Metal Resources which plunged over 80% in a single …
Read More2020-06-18
TL; DR: With Wirecard down as much as 71% today, we estimate that eight biggest short position holders are up as much as €800m.* Today, Wirecard delayed again the publication of its eagerly awaited 2019 annual report, as Wirecard’s auditor did not sign off its 2019 accounts due to missing $2.1b, sending …
Read More2020-06-13
Weekly short selling bits and pieces: QCM elaborates their short selling process; How hackers targeted short sellers; Hindenburg flags GNUS again. This week, we recorded two new major activist shorts campaigns, with targeted stocks declining 13.9% on average. We highlight the report of a new activist short-seller, OSS Research, who targeted a $1bn …
Read More2020-06-08
TL; DR: D1 Capital Partners LP disclosed a 1.09% short position in Luckin Coffee (LK). LK was a subject of several short reports in Q1. Following outcomes of internal investigation, shares are down about 86% YTD, but up more than 300% from YTD low. Many Robinhood users were adding this stock to …
Read More2020-06-06
Weekly short selling bits and pieces: "Send your resumes to Omaha," said Citron to Robinhood clients; Ouch for S&P futures bears; Wirecard HQ searched by German prosecutors. This week, we recorded 4 new campaigns, with the targeted stocks trading 11.2% lower on average. We highlight Grizzly’s report on another China Hustle 2.0 stock …
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