shortside's  Instablog

shortside
Send Message
Astec Analytics, a division of SunGard Data Systems, provides investors with short selling market color using data from the securities lending market.
My company:
SunGard Data Systems
  • Stocks with the largest increase in cost-to-borrow last week 2 comments
    Mar 28, 2011 8:48 AM | about stocks: CASB, DTD, SHZ, GRI, DLN, QTWW, NYMX, DPW, CBPO, HDY, PGM, NWFL, EVI, CAGC, GBR, CPSL, SGRP, JVA, ATLC, NAVB, SYUT, UDOWC, FSI, VGSH

    The stocks in the chart below showed the largest increase in borrowing cost last week.  The list was taken from US, Canadian and Japanese stock universe.  An increase in cost-to-borrow indicates a greater demand to short and/or a reduced supply of available shares to borrow.




    Name Ticker Change in cost-to-borrow (bps)
    CASCADE FINL CORP            CASB 17,079
    JTEC CORP          2479 6,939
    WISDOMTREE TRUST             DTD  4,849
    CHINA SHEN ZHOU MNG & RES IN SHZ  3,930
    ALPS ETF TR                  GRI  3,175
    WISDOMTREE TRUST             DLN  3,080
    QUANTUM FUEL SYS TECH WORLDW QTWW 2,977
    NYMOX PHARMACEUTICAL CORP    NYMX 2,641
    DIGITAL PWR CORP             DPW  2,215
    CHINA BIOLOGIC PRODS INC     CBPO 2,151
    MAYFLOWER BANCORP INC        MFLR 1,911
    HYPERDYNAMICS CORP           HDY  1,753
    BARCLAYS BANK PLC            PGM  1,512
    NORWOOD FINANCIAL CORP       NWFL 1,429
    ENVIROSTAR INC               EVI  1,421
    CHINA AGRITECH INC           CAGC 1,280
    NEW CONCEPT ENERGY INC       GBR  1,244
    CHINA PRECISION STEEL INC    CPSL 1,224
    SPAR GROUP INC               SGRP 1,154
    COFFEE HLDGS INC             JVA  1,101
    FORMATION METALS INC NEW     FCO.TSX 1,078
    CHUETSU PULP&PAPER 3877 1,077
    SANKO MKTG FOODS   2762 1,054
    MITSUI KNOWLEDGE IND CO LTD  2665 1,050
    MEIKO NETWORK JPN  4668 1,003
    COMPUCREDIT HLDGS CORP       CCRT 952
    NEOPROBE CORP                NEOP 945
    SEC CARBON LIMITED 5304 878
    NIPPON HUME CORP   5262 859
    INTERNIX INC       2657 855
    SYNUTRA INTL INC             SYUT 844
    WEBSTER PFD CAP CORP           838
    GRO-BELS CO LTD    3528 818
    PETROLIFERA PETE LTD         PDP.TSX 818
    SUMIKEN MITSUI ROAD CO LTD 1776 818
    HIRANO TECSEED CO LTD        6245 818
    HARASHIN NARUS HLD 8255 813
    VERISIGN JAPAN KK  3722 760
    PROSHARES TR                 UDOW 753
    NIPPON SEISEN CO   5659 747
    NIPPON KANZAI CO   9728 745
    MAGNUM HUNTER RES CORP DEL   MHR  731
    N.I.C. CORPORATION 9652 715
    UNITIKA LTD                  3103 709
    SRI SPORTS LIMITED 7825 707
    NIPPON CHUTETSUKAN 5612 704
    FLEXIBLE SOLUTIONS INTL INC  FSI  702
    VANGUARD SCOTTSDALE FDS      VGSH 702
    TAKEEI CORPORATION 2151 670
    PINNACLE DATA SYS INC        PNS  665

     

Back To shortside's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (2)
Track new comments
  • zishi
    , contributor
    Comment (1) | Send Message
     
    I think this is a very good indicator to see the short term stock performance, could you please give some hint on where we could find this kind of information?

     

    Thanks
    25 Apr 2011, 03:43 PM Reply Like
  • shortside
    , contributor
    Comments (9) | Send Message
     
    Author’s reply » Zishi,

     

    Right now, SunGard Astec collects this data from dozens of banks and broker dealers and only publishes it on websites that require subscriptions to access (such as ShortSide.com). I'm posting lists on Seeking Alpha to try to generate additional interest in the product. If you'd like a free 30-day trial to ShortSide.com, I'd be more than happy to set you up.

     

    Meanwhile, the SEC is currently asking for public comment regarding the disclosure of short selling activity on a daily basis (www.bloomberg.com/news...). And other regulators around the world have already required short sellers to disclose their short positions on a daily basis, sometimes with only a two or three day lag. For instance, France, Japan, Greece and the UK (but for the UK only for select financial stocks), publishes hedge funds' short interest positions on a daily basis. Japan and France are the most interesting. Japan has been requiring public disclosure for over a year now. For Japan, go to this page on the Tokyo Stock Exchange's website -- www.tse.or.jp/english/.... In each day's zip file, you'll find PDFs for every hedge fund that had short positions over the threshold in Japanese equities. Interesting right?

     

    I hope this helps.
    6 May 2011, 11:05 AM Reply Like
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.