PNV 0.38% $2.64 polynovo limited

Short Activity in PNV, page-5078

  1. 1,718 Posts.
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    I have not worked in the industry but on my trading platform, each ASX company has a different overnight holding cost. Larger institutions though no doubt have negotiated rates at wholesale rates.
    You'd have to assume the borrowing rates are increasing, but if they are paying say 5% annual, up from 3.5 say, and looking to make a lot more than that on a position, I am not sure they will be discouraged from taking short positions. They be more likely encouraged as rising rates hurts earnings and more likelihood of SP falls.
 
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