I think a short covering, as the Zuri-Invest product is hitting the market in Europe in May; and probably they cashing out as they can't take the hit.
What is scary is that is a lot of holdings today that have fired up, the short data takes 7 days to update so should see someone scared off; so that is a lot of market participants that think they can weather the hit.
I rotated my BOE shares into EPM a little bit early
If the OZ yellow does happen, we'll have some liquidity to play with.
I think a short covering, as the Zuri-Invest product is hitting...
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