its show time, page-88

@tototy:
appreciated tototy!

"Can you explain the change of short positions by 18M (declined from 189M to 170M) in August 13 when the whole volume was just 13M ?"

my best guesses would be short covering via dark pools over that particular weekend or the reports ASIC received are out of sync with the actual trading.

@mitta3
"schmunzel, with your daily gross short figures, how much of that data have you got, can you provide what the figures were over the last year or so, that would be of interest imo to see how the shareprice was reacting at those different reported short figures"

that would be definitely an interesting excercise. I started 4 months ago compiling the ASX and ASIC data. ASX short reports go way back to 2001 and ASIC covers from 2011. Is this excercise worth putting my kids/wife on IGNORE and postpone finding a cure for prostate cancer for the next week or so? we will see ;o)

sorry for my ignorance mitta3, what does ATR stand for/mean in your chart

@timmo69:
"So if the shorters are not willing to take it further south then there must be a risk to doing so at this point yes?" And thats a good thing.

I see that as a positive, too. and according to mitta3, there is still plenty of access to shorting available but no real interest at the moment. good sign!


"The shorting volume represents effort by the shorters to drive the spread south.

The higher the spread down the more effective their shorting has been. The higher the % of shorts for the day the more active they have been - thats all. Its not an indicator that tells us much more than that."

I couldn't really see a strong correlation between the spread of open/close or high/low and the daily gross short sells. is it possible that the data are out of sync? multiple time frames should shed some light on that.

"Short selling reports through ASX only apply to companies whom are trading short over $100K, the rest is chicken feed."

these are the brokers participating in security lending according to ASX:

Goldman Sachs Australia Pty Ltd
Deutsche Securities Australia Limited
RBS Equities (Australia) Limited
Macquarie Securities (Australia) Limited
Citigroup Global Markets Australia Pty Limited
UBS Securities Australia Ltd
Bell Potter Securities Limited
Macquarie Equities Limited
J.P. Morgan Securities Australia Limited
Morrison Securities Pty Limited
CBA Equities Limited
RBS Morgans Limited
Merrill Lynch Equities (Australia) Limited
E.L. & C. Baillieu Stockbroking Ltd
JDV Limited
Patersons Securities Limited
Morgan Stanley Smith Barney Australia Pty Ltd
Wilson HTM Ltd
Credit Suisse Equities (Australia) Limited
Commonwealth Securities Limited
Southern Cross Equities Limited
Australian Investment Exchange Limited
ETRADE Australia Securities Limited
Morgan Stanley Australia Securities Limited
ABN AMRO Clearing Sydney Pty Ltd
Pirie Street Custodian Ltd
BNP Paribas Fund Services Australasia Pty Ltd
J.P. Morgan Nominees Australia Limited
Citicorp Nominees Pty Ltd
Bond Street Custodians Limited - A/C Institutional
National Australia Bank Limited
Westpac Securities Limited
Hartleys Limited
RBC Securities Australia Pty Ltd
Chimaera Capital Ltd
RBC Investor Services Trust
Instinet Australia Pty Limited
Pershing Securities Australia Pty Ltd
State Street Bank & Trust Company
Stichting Shell Pensioenfonds

thanks guys for your comments and feedback.