VW drops as hedge funds move in
Wednesday, August 19, 2009 : PermalinkReuters Blogs – Volkswagen ordinary shares are down today after yesterday’s report of increased short positions.
Stock out on loan, a good indication of shorting, has doubled over the past month to 2 pct of total issuance, according to figures from Dataexplorers.
When the freefloat is only roughly 10 pct, then this is a significant position.
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