European Short Observer September 2017

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.

The biggest increase during September in aggregate shorted value was in Consumer Discretionary. Norske Skogindustrier was the best short, with no managers shorting at the end of the month. Among the best shorts, Countrywide was the most crowded.