A look at Tadawul’s short selling deals

24/07/2023 Argaam

The Saudi Exchange (Tadawul) witnessed short-selling deals as follows:

 

Short Positions

Company

Net short positions to total issued shares

Net short positions to free float shares

Short ratio/average daily traded volume

Tadawul

0.0137833%

0.0344600%

0.0477833

Tasnee

0.0290885

0.0291595%

0.0679425

ACWA Power

0.0046854%

0.0257388%

0.0949473

 

The following table details the capital of companies on which transactions were executed and the number of shares:

 

Companies’ Capital & Number of Shares in Transactions

Company

Capital (SAR mln)

Number of shares (mln)

Number of shares/transactions (‘000 shares)

Tadawul

1200.00

120.00

16.54

Tasnee

7311.00

731.10

194.58

ACWA Power

7333.33

733.33

34.25

 

Tadawul approved amendments to the Short Selling Regulations and the Securities Borrowing and Lending (SBL) Regulations, which came into effect on March 6, 2022.

 

A short selling transaction means any sale of a listed security that is borrowed sufficiently to match the selling order, or the seller has exercisable and unconditional rights to borrow, in accordance with the SBL Regulations.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.