ASOS is the most shorted UK stock and short sellers lose interest in Ocado

If someone is betting heavily against a UK stock I either own, or plan to own, then I want to know about it. Luckily for me, all firms with a net short position greater than or equal to 0.1% of the issued share capital of a UK listed company have to report that position to the the Financial Conduct Authority (FCA). The FCA publishes a daily short position update based on the notifications that it receives. This includes company stock with net short positions in excess of 0.5% against their issued share capital along with the identity of the position holders.

The FCA’s daily short position update is an important source of information for those who invest in UK stocks. I tend to ignore most of the daily updates and focus on the Friday one. There a a few things I like to do with it. In this post I will be looking at the short position update from Friday, 17 November, 2023 and comparing it to the one from Friday, 3 November, 2023.

Top 20 most shorted UK stocks on 17 November, 2023

The 10 biggest increases in net short position over the last two weeks

The 10 UK stocks whose net short position declined the most over the last two weeks

DISCLAIMER: James J. McCombie owns shares in Kingfisher and Greencore. The Storied Investor has no beneficial ownership position in any of the stocks or securities mentioned. No comment in this article should be construed as a recommendation of, or opinion regarding the future performance of, any stock or security or collection of them mentioned herein. Opinions expressed are the author’s and do not represent the views of The Storied Investor.

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