Shorts Cornering Moody's Since Buffett Trimmed Stake

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Includes: FMLCF, MCO, SPGI
by: Data Explorers

The short base (as measured by Percent Shares Outstanding On Loan) for Moody'S (NYSE:MCO) has been rising since the middle of July, when Warren Buffett announced that he had reduced his stake in the company. The short base currently stands at 6.1%.

Shares in Fimalac (OTC:FMLCF), owner of rival Fitch, fell on the announcement, and the short base in FIM has risen dramatically (from a very low base), doubling in the past month to 0.31%. The short base in McGraw Hill (MHP), owner of S&P, has dropped in the past month and currently stands at just over 1%.

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