GREY:LSTMF - Post by User
Post by
PUNJABIon Dec 01, 2014 10:48am
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Post# 23180669
Oil stocks ETFS being shorted too
Oil stocks ETFS being shorted too ETFS like XEG is being shorted big time. This ETF holds oil stocks. According to last short report 20 % of total XEG units have been shorted. One time it was 37 %. Some are trading it. This causes lot of voliatilty
There is some selling by unit holders & then there is shorting which has accelerated the drop across the board. When you have the top stocks tanking everything take a beating. Lot of individual stocks have been shorted too.
Sell off is not related to the valuations of stocks but negative sentiments about the sector.
There should be a dead count trade. Thought that a bounce in oil will trigger it but it did not.
Oil was up today but all oil stocks are going down. Looks like forced selling margin calls.
Short Positions for XEG
| T : XEG |
2014-11-15 |
6,960,511 |
-1,188,200 |
34,200,000 |
20.35 |
| T : XEG |
2014-10-31 |
8,148,711 |
-4,549,560 |
34,200,000 |
23.83 |
| T : XEG |
2014-10-15 |
12,698,271 |
3,629,211 |
34,200,000 |
37.13 |
| T : XEG |
2014-09-30 |
9,069,060 |
-1,108,400 |
32,900,000 |
27.57 |
| T : XEG |
2014-09-15 |
10,177,460 |
2,596,224 |
33,500,000 |
30.38 |
| T : XEG |
2014-08-31 |
7,581,236 |
-662,805 |
33,500,000 |
22.63 |
| T : XEG |
2014-08-15 |
8,244,041 |
343,877 |
33,500,000 |
24.61 |
| T : XEG |
2014-07-31 |
7,900,164 |
468,928 |
33,500,000 |
23.58 |