Grrrr! UBS (along with NAB/MLC) seem to be the two heavy shorters in this market, focusing on mid-caps where influencing price movement is possible. Maybe they're just processing others' short orders, but I think UBS practices "investing" in a way that discourages real investing. This is consistent with UBS behaviour over the past decade: GFC scandal (scathing report from Swiss gov't in 2009); Libor scandal ($1.5B fine in 2012); financial cartel (fined Euro $12.7m last month). See a pattern? Just my opinion based on the factual evidence presented.
To see recent NXT short sales and short positions, consider the Short Man site. However, it hasn't updated short sales since last Wednesday, so maybe on holiday. http://www.shortman.com.au/stock?q=nxt
NXT Price at posting:
$2.04 Sentiment: None Disclosure: Held
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