Last week we saw a flood of Chinese data providing evidence that the world’s second-largest economy is stabilizing, with the improving economic data fueling a surge in raw material prices. In the last week the Shenzhen Composite registered a new Bull Market 20% signal, BHP put on 19%, Fortescue added... Show More
The level of short interest (as % of shares on issue) in the ASX 200 hit a 5yr high in mid-Feb at 2.4% of issued capital (Australia only introduced short position reporting after the GFC). At this point the ASX 200 hit a 2yr low and started to rally, led... Show More
The short positions across the 4 major banks has been rising. In particular, CBA has accumulated significant short positions over the past two months with A$2.0bn outstanding, up from a low of A$0.7bn in May. Keeping in mind, retail investors still have ~2 weeks to decide whether to apply for... Show More
