Using the daily filings from the European Short Disclosure Regulation (ESMA), we track over thirty billion Euros in short investments across more than two hundred managers. The charts show changes in sector exposures and the best short picks from the past month. Also ranked are the most shorted securities, the most covered securities, and the top new shorts of the month.
In February, we see the biggest increase in aggregate shorted value in the Consumer Discretionary sector. The best short of the month was NCC Group with 6 managers shorting around 20 million euros by the end of the month.
Among the best shorts, the most crowded is Vallourec, shorted by 7 managers with an aggregate short exposure of more than 160 million euros.
Download the lastest edition of the European Short Observer for more information.