Both Brent and WTI prices have increased by more than $5 per barrel, around 13 per cent, since August 2, as hedge funds have scaled back short positions
and started to turn more bullish.
Since May 31, hedge funds have added 197 million barrels of crude short positions
and 12 million barrels of gasoline shorts.
GATA notes that much of the increase in the price of gold in recent years has been attributed to the reduction of hedges, the closing of short positions
, by gold producers.
NASD's short interest report is a "snapshot" of total short positions
as of the date of settlement of the month in question.
Such failed trades are expected to be rectified promptly, but the industry has not been diligent in rectifying these failed trades or open short positions
In addition, we are tracking the trading activity in our stock, by day, by transaction, and by broker; and we are tracking the short positions
But short positions
increased by almost 36 million, as many more managers positioned themselves for a momentum-driven drop in prices coupled with mounting concerns about weakening demand fundamentals.
If the Company's research and examination does find an imbalance in regards to the reported short positions
, the company will act to correct the problem.
At the core of this scheme was defendants' preparation of a massive and fraudulent disinformation campaign attacking the stock of Biovail and other targeted publicly-traded companies, including the preparation of ostensibly objective, but in fact biased, analyst reports; defendants' accumulation of short positions
in the stock of those companies -- i.
And in theory, the more short positions
there are to cover, the stronger the short covering rally would be.
Now that the pair has pulled back, the ratio of long to short positions
in the EURUSD stands at -1.
According to the latest Commitment of Traders (COT) report by the Commodity Futures Trading Commission, non-commercial traders on the New York Mercantile Exchange continued to increase their net short positions