Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM

Primary Symbol: PGMFF

Financial Services Banks - Global

Barclays PLC is a diversified bank with five divisions comprising Barclays UK, Barclays UK Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank and Barclays US Consumer Bank. The Barclays UK division represents businesses that sit within the United Kingdom ring-fenced bank, Barclays Bank UK PLC and its subsidiaries, and comprises Personal Banking, Business Banking and Barclaycard Consumer UK. The Barclays UK Corporate Bank division offers lending, trade and working capital, liquidity, payments, and FX solutions for corporate clients. Barclays Private Bank and Wealth Management division comprises the Private Bank, Wealth Management, and Investments businesses. Barclays Investment Bank division incorporates the Global Markets, Investment Banking, and International Corporate Banking businesses. Barclays US Consumer Bank division represents the United States credit card business, focused in the partnership market, as well as an online deposit franchise.

OTCPK:PGMFF - Post by User

Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 > Huge increase in short interest, betting on bankruptcy.

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Post by porc2019on Sep 21, 2021 5:24pm

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Post# 33896170

Huge increase in short interest, betting on bankruptcy.

Plus 3.6 million shares, since last time this was reported ( 2 weeks ago).

What are the shorts betting on? Bankruptcy due to grades being way below FS and thus costs staying above income.

Big, big problem and shorts got it right last time they increased their positin this much (in the 2+ cad region).

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