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ANALYSIS REVEALS TOP 10 MOST SHORTED UK STOCKS AND MOST ACTIVE FUND MANAGERS FOR SHORTING

ANALYSIS REVEALS TOP 10 MOST SHORTED UK STOCKS AND MOST ACTIVE FUND MANAGERS FOR SHORTING

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Topic: Technology

ANALYSIS REVEALS TOP 10 MOST SHORTED UK STOCKS AND MOST ACTIVE FUND MANAGERS FOR SHORTING

New analysis (1) from ETP provider GraniteShares, which offers a range of 3x short and 3x leveraged ETPs on popular UK, US and French stocks, reveals that on January 25th  2022, Cineworld Group, the world's second-largest cinema chain, was the most shorted UK listed company.  Some 8.8% of its stock was held short by six investment firms, with New Holland Capital LLC the largest short position with 2.42% of the company’s shares.

The next most shorted UK listed companies were Petropavlovsk PLC, Hammerson PLC, AO World PLC and Majestic Wine PLC where the respective short positions were 6.1%, 6.0%, 5.7% and 4.6% respectively.  The table shows the largest ten short positions in companies that are listed and trading on the London Stock Exchange. 

Company Percentage of stock held short Number of funds shorting the stock 

Cineworld Group

8.8%

6

Petropavlovsk PLC

6.1%

3

Hammerson PLC

6.0%

6

AO World PLC

5.7%

6

Majestic Wine PLC

4.6%

6

Network International Holdings PLC

4.4%

4

Alphawave IP Group PLC

4.2%

4

BOOHOO.com

4.1%

3

Domino’s Pizza Group

4.1%

6

Dixons Carphone PLC

4.0%

4

Kingfisher PLC

4.0%

5

Source: London Stock Exchange, updated on 25th January 2022

Among the stocks tracked by GraniteShares ETPs, Vodafone Group is the 23rd most shorted stock, with three fund managers holding short positions representing 2% of the outstanding stock. 

In terms of which fund managers had the most short positions on UK listed companies, the analysis reveals GLG Partners LLP had the highest number with 25.  This was followed by Marshall Wace LLC, BlackRock Investment Management (UK) Limited, JP Morgan Asset Management (UK) Ltd and Ennismore Fund Management Limited with 24, 19, 13 and 11 short positions respectively.

Fund Manager Number of short positions 

GLG Partners LLP

25

Marshall Wace LLP

24

BlackRock Investment Management (UK) Limited

19

JP Morgan Asset Management (UK) Ltd

13

Ennismore Fund Management Limited

11

Citadel Advisors Europe Limited

9

Jupiter Investment Management Limited

7

AQR Capital Management LLC

6

AKO Capital LLP

6

WorldQuant LLC

5

Source: London Stock Exchange, updated on 25th January 2022

Will Rhind, Founder and CEO of GraniteShares, said: “Year ahead forecasts are focusing on strong growth across major markets with some analysts predicting the FTSE-100 will break the 8,000 points barrier. Despite the more optimistic tone, ongoing concerns about Brexit and COVID are a cause for caution”.

“There remain potential opportunities for sophisticated investors seeking to take advantage of price declines on specific stocks and increasingly they are looking to do so through shorting. The value of funds invested in our 3x short single stock ETPs listed on the London Stock Exchange was around $60 million on 31 December 2021.”  

The five most popular 3x short single stock GraniteShares ETPs currently are:

Top five GraniteShares single stock 3x short ETPs Value of funds invested in ETPs

GraniteShares 3x Short Tesla Daily ETP

$33.7m

GraniteShares 3x Short Amazon Daily ETP

$3.5m

GraniteShares 3x Short NIO Daily ETP

$2.9m

GraniteShares 3x Short Rolls-Royce Daily ETP

$2.9m

GraniteShares 3x Short NVIDIA Daily ETP

$1.7m

Source: Graniteshares, Bloomberg as 31 December 2021

GraniteShares offers 54 exchange traded products (ETPs) listed on the London Stock Exchange and 62 on Euronext. They consist of a suite of index ETPs tracking FAANG stocks and a suite of Short and Leveraged Single Stock Daily ETPs tracking some of the most popular companies in UK US and French markets. 

Its FAANG, GAFAM and FATANG product suite, offers long, short and 3X leveraged ETFs on FAANG, GAFAM and FATANG indices and can be traded in a single ticker symbol via ordinary brokerage accounts. FAANG consists of Facebook, Amazon, Apple, Netflix, and Google while GAFAM includes Google, Apple, Facebook Amazon, and Microsoft and FATANG covers Facebook, Amazon, Tesla, Apple, Netflix, and Google 

ETPs offer a pure way to gain exposure to top tech companies in the U.S. market. Indices are equally weighted and rebalanced quarterly.

GraniteShares suite of ETPs on FAANG stocks

Product Name Ticker

GraniteShares FAANG ETP

FANG

GraniteShares GAFAM ETP

GFAM

GraniteShares FATANG ETP

FTNG

 

Leveraged ETPs on FAANG indices

Underlying Index +3x Long -3x Short  -1x Short

FAANG

3FNG

3SFG

SFNG

GAFAM

3GFM

3SGF

SGFM

FATANG

3FTG

3SFT

SFTG

 

UK Leveraged Single Stock ETPs

Underlying stock +3x Long -3x Short

AstraZeneca

3LAZ

3SAZ

BAE Systems

3LBA

3SBA

Barclays

3LBC

3SBC

BP

3LBP

3SBP

Diageo

3LDO

3SDO

Glencore

3LGL

3SGL

Lloyds Banking Group

3LLL

3SLL

Rio Tinto

3LRI

3SRI

Royal Dutch Shell

3LRD

3SRD

Rolls-Royce

3LRR

3SRR

Vodafone

3LVO

3SVO

 

US Leveraged Single Stock ETPs

Underlying stock +3x Long -3x Short

Alphabet

3LAL

3SAL

Amazon

3LZN

3SZN

Apple

3LAP

3SAP

Facebook

3LFB

3SFB

Microsoft

3LMS

3SMS

Netflix

3LNF

3SNF

NIO

3LNI

3SNI

NVIDIA

3LNV

3SNV

Tesla

3LTS

3STS

Uber

3LUB

3SUB

 

French Leveraged Single Stock ETPs

Products Ticker

GraniteShares 3x Long Airbus Daily ETP Securities 

3LAR 

GraniteShares 3x Short Airbus Daily ETP Securities 

3SAR 

GraniteShares 3x Long AXA Daily ETP Securities 

3LAX 

GraniteShares 3x Short AXA Daily ETP Securities 

3SAX 

GraniteShares 3x Long BNP Daily ETP Securities 

3LBN 

GraniteShares 3x Short BNP Daily ETP Securities 

3SBN 

GraniteShares 3x Long Danone Daily ETP Securities 

3LDA 

GraniteShares 3x Short Danone Daily ETP Securities 

3SDA 

GraniteShares 3x Long L’Oréal Daily ETP Securities 

3LOR 

GraniteShares 3x Short L’Oréal Daily ETP Securities 

3SOR 

GraniteShares 3x Long LVMH Daily ETP Securities 

3LLV 

GraniteShares 3x Short LVMH Daily ETP Securities 

3SLV 

GraniteShares 3x Long Safran Daily ETP Securities 

3LSA 

GraniteShares 3x Short Safran Daily ETP Securities 

3SSA 

GraniteShares 3x Long Sanofi Daily ETP Securities 

3LSN 

GraniteShares 3x Short Sanofi Daily ETP Securities 

3SSN 

GraniteShares 3x Long Schneider Electric Daily ETP Securities 

3LSE 

GraniteShares 3x Short Schneider Electric Daily ETP Securities 

3SSE 

GraniteShares 3x Long STMicroelectronics Daily ETP Securities 

3LST 

GraniteShares 3x Short STMicroelectronics Daily ETP Securities 

3SST 

GraniteShares 3x Long Total Energies Daily ETP Securities 

3LTO 

GraniteShares 3x Short Total Energies Daily ETP Securities 

3STO 

 

Capital at risk

-Ends-

Notes to editors:

For further information please call Phil Anderson at Perception A on 07767 491 519 / 07983 335 021.

GraniteShares: A brief history

GraniteShares is an entrepreneurial ETP provider focused on providing professional investors with innovative, cutting-edge investment solutions. We believe the future of investing lies at the nexus of alternative thinking, low fees, and disruptive product structures—the core of our high conviction philosophy. Backed by Bain Capital Ventures, we launched our first product in 2017 and are now among the fastest growing ETP issuers with over $1.6 Billion in assets under management* spanning a full array of investment strategies.

This press release is issued by GraniteShares Limited. GraniteShares Limited (FRN 798443) is an appointed representative of Kroll Securities Ltd. (FRN 466588) which is authorised and regulated by the Financial Conduct Authority.

ETPs are issued by GraniteShares Financial PLC, a company incorporated in Ireland.

Investing in GraniteShares ETPs on U.S. listed stocks

Those trading GraniteShares new US leverage and inverse ETPs will not need to complete a W-8BEN form (US Department of the Treasury, Internal Revenue Service, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting).

The ETPs can be held in self-select ISAs and SIPPs.

There is no margin requirement and losses cannot exceed the amount invested.

 

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