Featured MNV Articles:
More articles: 1 2 next »
|Kennedy-Wilson Holdings Moves Up In Market Cap Rank, Passing Discovery Communications
Wednesday, October 25, 4:37 PM ET, by Market News Video Staff
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Kennedy-Wilson ...
The New #9 Most Shorted S&P 500 Component: Helmerich & Payne
Thursday, October 26, 9:42 AM ET, by Market News Video Staff
The most recent short interest data has been released for the 10/13/2017 settlement date, and ...
January 2019 Options Now Available For Overstock.com (OSTK)
Monday, October 30, 10:40 AM ET, by Market News Video Staff
Investors in Overstock.com Inc (OSTK) saw new options begin trading today, for the January 2019 ...
Notable Tuesday Option Activity: GME, HP, VRTV
Tuesday, November 7, 11:24 AM ET, by Market News Video Staff
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...
Ex-Dividend Reminder: PBF Logistics, Helmerich & Payne and Buckeye Partners
Wednesday, November 8, 10:03 AM ET, by Market News Video Staff
On 11/10/17, PBF Logistics LP (PBFX), Helmerich & Payne, Inc. (HP), and Buckeye Partners LP ...
5 Prem Watsa Holdings Attracting Short Sellers
By Dividend Channel Staff, Thursday, January 12, 1:14 PM ET
An examination of the most recent short interest data revealed these five Prem Watsa stocks with particularly high short interest, as measured by "days to cover." This metric is just one way to look at short data, but this is a metric we here at Holdings Channel find particularly useful because it considers both the total shares short and the average daily volume of shares traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days (at the average volume) it would take to close out all of the open short positions if every share traded represented a short position being closed. So for example we found that Overstock.com Inc (NASDAQ:OSTK) now has 18.44 days to cover.
Looking through the stocks held by Prem Watsa for the most recent reporting period, we found the following five stand-outs with the highest levels of short interest as measured by the number of days to cover. The first column is the Prem Watsa holding, the second column is the number of days to cover, the third column is the number of shares held at Fairfax Financial Holdings at last report, and the final column is the total number of shares short (in this way we can compare "Prem Watsa vs. The Shorts" as far as the relative positions).
|Prem Watsa Holding||Days To Cover||Fairfax Financial Holdings Shares||Short Interest|
As you can see, Overstock.com Inc (NASDAQ:OSTK) is an interesting situation, as are Rayonier Advanced Materials Inc (NYSE:RYAM), Helmerich & Payne, Inc. (NYSE:HP), Kennedy-Wilson Holdings Inc (NYSE:KW), and Exco Resources Inc. (XCO) — why are short sellers attracted to these names, while Prem Watsa has the opposite view (i.e. Fairfax Financial Holdings is long those stocks)? It could simply be a matter of differing viewpoint on valuation of each given stock, or there could be fundamental disagreements over what is happening at the business level and whether recent developments are positive or negative for that company's future success. Following quarterly 13F filings to keep track of Prem Watsa stock picks is warranted for investors interested in keeping track of what Prem Watsa does with these positions (adds, reduces, or exits).
This Article's Word Cloud: