Short-Sellers Increase Positions in Capital One, Federal Realty, Salesforce, Priceline

According to our data, short sellers have increased their positions in the following U.S stocks:

Capital One Financial Corp (COF), Federal Realty Investment Trust (FRT), Salesforce.com (CRM), and priceline.com (PCLN).

The borrow in COF started to increase on November 5th, when the % Market Cap on Loan (%MCOL) rose from 5%, to 12% Friday. However if you look closely at the graph below (you can click on it to increase it) you will see that the borrow has ebbed off slightly, presumably because investors are covering their shorts in order to make a profit.

The share price has dropped from $65 in late October to 42$ Friday. Utilization has not been higher than 30% in the last six months, so although the %MCOL has increased, there remains plenty more left to borrow. For those wishing to return stock, there are 16.71 Days to Cover.

FRT has an extremely high %MCOL, which has risen up from 14% on January 4th to 29% Friday, so almost a 100% increase in under a fortnight. The borrow has remained over 5% since August 13th, and the share price has dropped from $85 in late December, to $66 Friday. Like COF, there is still plenty left to borrow, with Utilization at 37% Friday. There are 24.30 Days to Cover.

The borrow in CRM has risen from 7% in early January to 9% Friday. CRM's share price rose successfully from $47 in early November to $65 in late December, but it has now decreased from there, to $55 Friday, so savvy short investors could be set to make profits. There are 14.15 Days to Cover. Utilization again is relatively low at 29%.

The highest %MCOL is PCLN, which was at 39% Friday, up from 34% on January 10th. This has corresponded with a fall in share price; from $116 in late December to $100 Friday. Utilization stands at 74%, so unlike the above stocks, supply is much lower. For those wishing to return shares there are 18.67 Days to Cover.

Comments

[User 139914]

Where does one find "utilization"... data?