This report displays insights from the European Short Disclosure Regulation (ESMA). Using daily filings, we track over 50 billion Euros in short investments across more than 250 managers. Here we’ll explore last month’s sector exposure changes and best short picks. We’ve also ranked the most shorted securities, the most covered securities, and the top new shorts.
In October, the biggest increase in aggregate shorted value was in Financials. DBV Technologies was the best short of the month, with only one manager shorting around seven million Euros by the end of October. Among the best shorts, the most crowded was Petroleum Geo-Services with 11 managers shorting around €65 million in aggregate.