THE DATA IS THE NEWS
Category:

S3 Partners

    24 Carat Short Squeeze in Tiffany & Co

    According to an October 28th press release Tiffany & Co (TIF US) “received an unsolicited, non-binding proposal from LVMH Moet Hennessy – Louis Vuitton (LVMH US) to acquire Tiffany for $120 per share in cash.” TIF’s stock price jumped over 30% in the first hour of trading on the news and shorts finished the day down -$416 million in mark-to-market losses

    read more
    0 comment
    0 FacebookTwitterGoogle +Pinterest
  • S3 PartnersS3 ResearchUnder Armour

    Under Armour Short (Sellers) Profit on Probe

    by S3 Partners
    by S3 Partners

    Under Armour (UAA) shares fell as much as 17% this morning, the most since July, on the back of a WSJ story on Sunday claiming the Justice Dept. and SEC are examining the company’s accounting practices of shifting sales between quarters.  This new disclosure to the public of a probe, that first started back in 2017, is overshadowing a better than expected third quarter profit and revenue beat reported on Monday.

    read more
  • GrubHubS3 PartnersS3 Research

    GrubHub Shorts up $504 million on Earnings Miss

    by S3 Partners
    by S3 Partners

    GrubHub Inc (GRUB) short sellers were already up +$369 million, +32%, in year-to-date mark-to-market profits before GRUB reported disappointing earnings and a fourth quarter revenue guidance that was well below analysts’ expectations. GRUB’s stock price reacted to a flood of long selling and is down over -40% on the day. Shorts are up over half a $ billion of net-of-financing mark-to-market profits on the price drop.

    read more
  • Yesterday Beyond Meat Inc (BYND) reported 3rd quarter results which beat analysts’ sales and earnings estimates and its stock price jumped +4.5%. Today we are seeing a reversal of fortunes as BYND’s lockup expiry has triggered a -18% drop in its stock price. Short sellers, who were down over $1 billion in mark-to-market losses when BYND hit its post-IPO high of $234.90/share on July 28th, have recouped more than half of their losses since the end of July. BYND shorts are up +$272 million in mark-to-market profits in October, including +$110 million today.

    read more
  • We are tracking $885 billion of Short Interest in the domestic equity market and with the S&P 500 up +1.22% and the Nasdaq up +1.90%. Overall, we saw +$13.96 billion increase of incremental net short selling this week as short sellers increased their short exposure on 29% and decreased their exposure on 34% of the 9,218 domestic stocks that we cover.

    read more
  • S3 PartnersS3 ResearchTesla

    S3 Analytics: Tesla Shorts Down $1.4 billion on Q3 Results

    by S3 Partners
    by S3 Partners

    Tesla Inc’s (TSLA) stock price rallied over 20% in aftermarket trading yesterday and the rally has carried forward to today’s open. TSLA is up 16.5% in mid-morning trading and short sellers are, as Elon Musk stated earlier in the year, “feeling the burn.” TSLA short interest is $8.31 billion; 32.62 million shares shorted; 23.13% of its float; 0.58% stock borrow fee. TSLA is the second largest short in the U.S. equity market behind Apple Inc (AAPL) with $10.47 billion of short interest.

    read more
  • Tesla Inc’s (TSLA) stock price had been dropping and its shares shorted were increasing for most of the first half of 2019. TSLA short sellers were up +$5.16 billion in mark-to-market net-of financing profits as of June 3rd when TSLA hit its year-to-date low of $178.97/share. In just over six months, TSLA shorts were $128 million shy of recouping their 2016-2018 mark-to-market losses of -$5.29 billion.

    read more

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

PHP Code Snippets Powered By : XYZScripts.com