Two U.S.-Listed European Stocks To Short

  • SunGard's Astec Analytics looks into short-selling activity.
  • This week’s top pick for the Europe, Middle East and Africa (EMEA) region, from a securities lending perspective, is Amsterdam-traded Royal Dutch Shell Plc
  • However, this article will focus on two other stocks (that are listed in the U.S.) seeing plenty of short-selling activity: Transocean LTD RIG and CNH Industrial NV CNHI

SunGard's Astec Analytics provides intraday short-selling market data via securities lending analytics. In a recent note sent to customers, the firm shared a “roundup of some of the hottest stocks from a securities lending perspective.”

Related Link: Short Selling: The Hottest U.S.-Listed Stocks From A Securities Lending Perspective

Below is a look at two U.S.-listed European stocks to short, according to SunGard's Karl Loomes.

Transocean

Transocean is already a regular in Astec’s list. As its share price continues to surge at a decent rate “as the worst of the uncertainty with its ongoing saga surrounding the 2010 Deepwater Horizon oil spill.”

Looms explains that, “This buoyancy in the cash market was seemingly matched by some increasing optimism from short sellers,” borrowing volumes fell seven percent over the past week.

CNH Industrial

CNH is once again grieving due to “poor farming equipment sales data.” This week, the Association of Equipment Manufacturers confirmed in a report that “sales of two-wheel drive tractors in the US and Canada fell 31 percent year-on-year.”

With this data out, CNH’s stock came under pressure during the week, “while Astec’s data hints at continued short selling interest; the number of CNH shares being borrowed having climbed nine percent in the past three weeks.”

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Posted In: Analyst ColorShort IdeasEurozoneMarketsAnalyst RatingsTrading IdeasAstec AnalyticsEuropeKarl LoomesSunGard
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