Short Stories: Texas Industries and U.K. Banks

Includes: BCS, HBOS, LYG, TXI
by: Data Explorers

Texas Industries (NYSE:TXI) which has an earning release Wednesday, has 16.4% of its shares outstanding on loan (%SOOL) to short investors, down from 23% in July. Utilization for this stock is at 60%. The company’s share price has fallen from $55 in September to $35 now, and up from $20 in November.Texas Industries Three stocks who have been affected by the UK short selling ban are Barclays (NYSE:BCS), HBOS (NASDAQ:HBOS) and Lloyds TSB (NYSE:LYG). We will be covering this topic extensively over the coming weeks.

Barclays currently has 3% SOOL, with Utilisation at 17.29%. The share price has continued to drop since the ban; from 400p in September, to 150p now.Barclays

HBOS has 1.26% SOOL, with Utilisation at 4.47%. Like Barclays, the share price of this company has fallen, from 330p in July to around 70p now.

Hbos 6 As you can see from this chart of Lloyds, the share price has dropped as short interest in this bank has decreased when the ban was installed. Lloyds has 1.19% SOOL, down from 9% in July. The share price has fallen from 350p to 130p in the same time frame. Utilisation is at 10%.


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