TomTom NV (AMS:TOM2)
Most shorted stocks ahead of earnings
The earnings season is slowing down as most companies have now reported their quarterly earnings. We have used a FactSet screen to identify those stocks which are expected to be updating the markets with their earnings this week and are subject to short selling activity.
Stocks include: DreamWorks Animation SKG, Inc. (NASDAQ:DWA), The St. Joe Company (NYSE:JOE), The Weir Group Plc (LON:WEIR), TomTom NV (AMS:TOM2), Persimmon Plc (LON:PSN), ITV Plc (LON:ITV) and Merck KGaA (ETR:MRK).
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Hedge fund activity in the Netherlands
Demand to borrow Dutch equities declined over 2011 and currently stands at USD 6.3 billion, just 10% above the annual low. While average short interest is only 1.83%, there are a number of heavily shorted stocks and others seeing rising levels of short interest.
Stocks include: Imtech N.V. (AMS:IM), Vistaprint NV, TomTom NV (AMS:TOM2), Unilever N.V. (AMS:UNA) and PostNL NV (AMS:PNL).
Most shorted
Stocks reaching new short interest annual highs and lows
Along with a change in season, September has brought with it a change in investor sentiment towards a number of stocks that have traditionally seen very high short interest. Our weekly screen of stocks reaching new short interest highs and lows over the last two weeks has highlighted interesting securities lending flow in: TomTom NV (AMS:TOM2), Garmin Ltd (NASDAQ:GRMN), Ubisoft Entertainment (EPA:UBI), Salesforce.com Inc (NYSE:CRM), Solarworld Ag(ETR:SWV), Sunpower Corp (NASDAQ:SPWRA) and Asos Inc (LON:ASC).