And in Brent, hedge funds cut short positions
by 19 million barrels, the largest one-week reduction since January.
AiAThe speculative short position
is a recipe for a massive short covering rally,AiA said a London-based broker.
(2) Hedge funds have established large short positions
in crude of 300 million barrels, but past experience suggests the maximum short position
could be at least 390 million, indicating there is more scope for short-selling to push prices lower.
was censured by FINRA and fined $130,000 over short position
reporting failures and was ordered to revise its written supervisory procedures (WSPs) on the matter.
Had T closed the short position
using the 1,000 shares purchased in 1995 rather than the newly purchased shares, or had T established a second short position
as to the ABC stock before March 16, 1999, the 60-day requirement would not have been met; a constructive sale would have occurred on Jan.
But the average short position
of those who remain has been almost halved to 1.58mn barrels, down from 2.86mn.
For example, a taxpayer who holds appreciated stock and enters into a short position
(or an equity swap) with respect to that stock would immediately recognize any gain inherent in the stock.
Tesla's short position
is up 56.3% this year to 39.9 million shares.
Shares of Herbalife Nutrition (HLF) are on the rise after Citi analyst Beth Kite upgraded the stock to Buy noting that a lot has happened in 2018, including capital allocation announcements, executive changes, and Bill Ackman having closed out his well-publicized short position
. The analyst also told investors that she sees upside ahead as Herbalife executes a tender offer and refinances its debt to reinvest in the business and repurchase shares in 2019.
Yongan Futures, which is associated with another big fund player, Dunhe Investment, was the largest short position
holder at the time.
It utilizes a carry trade strategy, selling low-interest currencies on a short position
and buying high-interest currencies on a long position.
SAR rules would dictate entering into a long position when the oscillator crosses above 0, and reversing into a short position
when the oscillator crosses below 0.