Short selling has increased again to new highs over the last week in a number of sectors, with industrials in both smalls and large caps being the most...
Short selling has increased again to new highs over the last week in a number of sectors, with industrials in both smalls and large caps being the most short-sold, according to Wilson HTM Investment Group. Although short selling has been high in the retail sector for most of last year, these short positions have not increased despite a falling Australian dollar and shorting of industrials generally. Rather, any shorting of retailers has been driven by individual rather than sector-specific issues. Notably, David Jones (DJS) and Myer (MYR) stand out with significantly higher short positions than other retailers.
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