These collateral shares movements are typical of securities lending arrangements. Norges Bank likely lent out JLG shares to counterparties (such as hedge funds or brokers), who may have used them to establish short positions. The return of shares suggests those positions were closed or the lending agreements expired.This activity doesn’t necessarily mean Norges Bank was shorting JLG themselves—it’s more likely they were acting as a lender in the securities lending market, which is common for large institutional holders.
This is the short position as at 16 June:
There is a lag of 4 trading days, however daily gross short sales reported last 3 days, indicate few new short positions:
JLG Price at posting:
$2.83 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)