As a side note COE (5.7%) has a slightly higher short interest than SXY (5.35%). Probably the closest peer comparison.
But yeah it has jumped a bit recently. Bit of a master stroke by management with the hedging, not that the market really cares. WTI down now 22% since April highs.
Wonder if anything will come from the OPEC meeting later this month.
Ann: Ceasing to be a substantial holder, page-22
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)