Stock Alert: Dunkin’ Brands Group Inc
Fri, 2011-08-05 15:32
• Dunkin’ Brands Group (NASDAQ:DNKN) joined in with the flurry of IPO activity on the the last week of July which was arguably the businest week for IPO offerings since November 2007.
• The share price has declined, but broadly in line with the overall market
• Demand to borrow high. Of the 120 million shares in issue, our data shows that 2.23% is already out on loan in the stocks first week of trading. This represents over half of the total supply available to lend.
• It should be noted that stock borrow following an IPO can be inflated due to broker demand for liquidity purposes.
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