CGC 0.00% $3.19 costa group holdings limited

UBS shorting CGC

  1. 98 Posts.
    The substantial holder notice from today shows that UBS have 5% of cgc stock. It also shows that they have borrowed a lot of that. The only reason i can think of to borrow stock is to short it.

    We may see some price pressure in the coming weeks as UBS starts the short.

    Look at RFG as a recent example of UBS shorting. It's done more than 10% since UBS reported they were a substantial holder and that they had borrowed stock.
 
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