The short base (as measured by Percent Shares Outstanding On Loan) for Basf Se (OTCQX:BASFY) is up 4.5% over the past week and now stands at 4.4%. This is down from 5.9%, the 52 week high hit on March 9, 2009.
When compared to other Steel companies, the short base is above the average for the sector. However the short base for the related securities listed below have all seen an increase over the past month. The short base for related companies in the sector: Bayer Ag (OTC:BYERF) 3.9%, Eni Spa 3.3%, Glaxosmithkline Plc (NYSE:GSK) 1% and Sumitomo Chemical Co Ltd (OTC:SOMMF) 1%.
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