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월요일 Oct 5 2020 13:42
7 분
Cineworld shares collapsed on Monday after the company closed its UK and US theatres after the latest James Bond picture was delayed. Shares dived around 44% to trade at 22p.
Lumbered with over $8bn in debt and with a $1.6bn loss in the first half, things were looking dicey for Cineworld well before today’s update. Short interest in the stock was exceptionally high as hedge funds circled a vulnerable member of the herd.
Looking at Shorttracker.co.uk we can see the following stocks are the top targets by short sellers.
| Company | % short | Funds short |
| CINEWORLD GROUP | 8.50% | 8 |
| PREMIER OIL PLC | 8.10% | 2 |
| TULLOW OIL PLC | 7.90% | 5 |
| METRO BANK PLC | 7.80% | 5 |
| PEARSON PLC | 7.80% | 7 |
| PETROFAC LTD | 7.80% | 5 |
| CARILLION PLC | 7.20% | 6 |
| HAMMERSON PLC | 7.20% | 6 |
| SAINSBURY (J) PLC | 6.50% | 4 |
| TUI AG | 6.10% | 8 |
| INTL CONSOLIDATED AIRLINE-DI | 5.90% | 7 |
| BABCOCK INTL GROUP PLC | 5.80% | 4 |
| PETROPAVLOVSK PLC | 5.60% | 2 |
| WEIR GROUP PLC/THE | 5.40% | 5 |
| BLUE PRISM GROUP PLC | 4.70% | 5 |
| IQE PLC | 4.70% | 3 |
| VODAFONE GROUP PLC | 4.40% | 4 |
| FUTURE PLC | 4.20% | 4 |
| DOMINO’S PIZZA GROUP PLC | 4.00% | 6 |
| WOOD GROUP (JOHN) PLC | 4.00% | 6 |
| CAPITA PLC | 3.80% | 5 |
| MICRO FOCUS INTERNATIONAL | 3.80% | 3 |
| N. Brown Group | 3.80% | 3 |
| WM MORRISON SUPERMARKETS | 3.70% | 3 |
| ASHMORE GROUP PLC | 3.50% | 4 |
It’s not always the best indicator but the Altman Z-Score is always worth looking at. Here’s the lowest scoring stocks on the FTSE 350. (source: Reuters)
| Name | RIC | Altman Z-Score |
| FTSE 350 Index | .FTLC | — |
| Vodafone Group PLC | VOD.L | -0.43 |
| London Stock Exchange Group PLC | LSE.L | 0.03 |
| IntegraFin Holdings plc | IHPI.L | 0.08 |
| TP ICAP PLC | TCAPI.L | 0.16 |
| Ninety One PLC | N91.L | 0.23 |
| Rolls-Royce Holdings PLC | RR.L | 0.62 |
| Premier Foods PLC | PFD.L | 0.62 |
| Aston Martin Lagonda Global Holdings PLC | AML.L | 0.65 |
| ContourGlobal PLC | GLO.L | 0.70 |
| Intermediate Capital Group PLC | ICP.L | 0.73 |
| Airtel Africa PLC | AAF.L | 0.77 |
| Severn Trent PLC | SVT.L | 0.77 |
| Capita PLC | CPI.L | 0.84 |
| United Utilities Group PLC | UU.L | 0.85 |
| IWG Plc | IWG.L | 0.85 |
| SSE PLC | SSE.L | 1.05 |
| Energean PLC | ENOG.L | 1.06 |
| Cineworld Group PLC | CINE.L | 1.08 |
| Pennon Group PLC | PNN.L | 1.09 |
| National Grid PLC | NG.L | 1.11 |
| Petropavlovsk PLC | POG.L | 1.11 |
| FirstGroup PLC | FGP.L | 1.13 |
| Diversified Gas & Oil PLC | DGOC.L | 1.15 |
| Mitchells & Butlers PLC | MAB.L | 1.18 |
| Talktalk Telecom Group PLC | TALK.L | 1.18 |
| TUI AG | TUIT.L | 1.19 |
| British Land Company PLC | BLND.L | 1.21 |
| BT Group PLC | BT.L | 1.23 |
| National Express Group PLC | NEX.L | 1.24 |
| Signature Aviation PLC | SIGSI.L | 1.25 |
Traders can make up their own minds about which companies may require additional capital raising using the Reuters equity analysis tool in the platform.
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