In our latest analytical piece, Orbisa insights show spikes in both Utilization and Days to Cover for Nordex in early Q2 following a convertible debt issuance announcement, signaling an increase in borrowing demand, as reflected below in Orbisa data.
Published April 28, 2023.
Orbisa data shows short sellers building positions in Wanguo Gold as utilization climbed to 91.5% and borrow costs rose sharply following record earnings and a HK$5.5 billion convertible bond announcement.
EquiLend data shows Pinewood Technologies borrow quantity falling sharply after Ridgeview’s £545 million takeover approach shifted positioning in late July.
EquiLend data shows Kumho Tire borrow positioning building through July before reversing after Q2 results, with squeeze signals emerging as shorts began to unwind.
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