Cineworld Group (CINE. L) is the UK’s most underrated company as of November 13, according to research by ETF provider GraniteShares published Thursday..
The company said 9. 51% of Cineworld’s shares are held by 10 investment firms, with Adelphi Capital LLP holding the largest short position with 2. 07% of the company shares.
“Driven by a number of factors including the Coronavirus crisis and the US elections, we have seen some of the highest levels of market volatility for years,” said Will Rind, founder and CEO of GraniteShares..
“Many savvy investors and traders have used this to try to generate returns from large shifts in individual stock prices..
Travel and leisure businesses have experienced sharp fluctuations in the market over the past year with the rise in COVID-19 cases, and in the face of lockdowns in the UK.
This is particularly the case with Cineworld, which has struggled with customers avoiding visiting theaters to see movies.
“There is no indication that the increased levels of volatility that we have seen this year will dissipate anytime soon,” Rind said.. . “Investors are responding to the news quickly, think of the price action we saw on the back of the Pfizer Vaccine Announcement (PFE) on November 9th.. There are any number of potential triggers for the next move up or down, whether it is a trade deal between the European Union and the United Kingdom, yes or no, a smooth US presidential transition, or the impact of Tesla’s addition to S&P 500 in December..
After Cineworld, the next most listed company in the UK was Premier Oil PLC (PMO. L), whose short position was 9. 14%, followed by Tullow Oil PLC (TLW. L) and Petrofac LTD (PFC. to).
Regarding fund managers with the most short positions in these UK listed companies, the analysis revealed that BlackRock Investment Management (UK) Limited has the highest number of 23. It was followed by GLG Partners LP, AQR Capital Management LLC, Marshall Wace LLP and Citadel Europe LLP with 22, 13, 12 and 11 short deals respectively..
It’s this year’s coolest « TIMs ». Tim Hortons® U. s. Restaurants celebrate the festive season with festive food and drinks, packaging and merchandise. This season, guests can enjoy Tim Hortons holiday products from the comfort of their own home through Zero Dollar Delivery, available through the Tim Hortons app from December 2 until December 31 *. This year’s holiday product range will be available from November 12 through January 19 at participating Tim Hortons restaurants in the U. s.
The world of education has completely turned upside down since the start of the COVID-19 pandemic in the United States. s. , As more and more schools close – including those in New York City, the nation’s largest school district – amid a rise in national cases. Scott Galloway, Professor of Marketing at New York University, joined Yahoo Finance to discuss the impact of the Coronavirus on teachers, parents and children.
CAFÉ ™ appliances launch a new, smaller line of culinary products starting with the launch of CAFÉ’s signature drip coffee maker. The elegant coffee maker is beautiful enough to be a masterpiece outside of the cabinets, while also performing the role of an exceptional brewer, as validated by the Quality Certification of the Specialty Coffee Association (SCA) as the ‘Gold Cup’. .
TrialAssure released its latest version of ANONYMIZE Docs, a document-debugging and anonymization software for the pharmaceutical industry.
Arcimoto and the City of Orlando launch a joint municipal pilot program to test ultra-efficient electric vehicles in city fleets
Thank you, ladies and gentlemen, for standing by, and welcome to Navigator Holdings’ conference call regarding the financial results for the third quarter of 2020.. Thank you very much, good morning everyone, and welcome to Navigator’s third-quarter earnings call.
Despite the economic challenges brought about by 2020, housing has had a remarkable year: mortgage rates have fallen, buyer demand has increased, and home prices have responded accordingly.. In fact, home price growth hit a six-year high in September, at 6. 7% jump in prices throughout the year. The foreclosure has weakened a faltering market, and higher prices elsewhere made it harder to guarantee returns.
Coronavirus is developing. Whether it is more lethal or not may depend on us. There is now evidence that ignoring social distancing rules can help more deadly strains of Covid-19 win.
Go SMS Pro, one of the most popular messaging app for Android, displays images, videos and other files that are sent privately by users. . Worse yet, the app maker did nothing to fix the error. Security researchers at Trustwave discovered the flaw in August and contacted the app maker with a 90-day deadline to fix the issue, as is standard practice in revealing vulnerabilities to allow sufficient time for repair.. .
(Bloomberg) – Global economic watchdogs have warned that the recovery from this year’s recession is in jeopardy and could be veered off course as the emergence of the Covid-19 virus resurfaces with new restrictions on households and businesses.. The International Monetary Fund and the G20 – which includes the world’s richest countries – have launched a state of alert as G20 leaders prepare for a virtual summit this weekend, hosted by Saudi Arabia.. . The International Monetary Fund noted progress on a vaccine, but also said that higher asset prices indicated a disconnect from the real economy and a potential threat to financial stability.. . « While global economic activity has recovered since June, there are signs that the recovery may lose momentum, and the crisis is likely to leave deep and disproportionate scars, » Washington-based IMF officials said in a report published on Thursday.. . “Uncertainty and risk are exceptionally high. Yu. K. Germany and France as well as parts of the United States. s. Australia is among those who have imposed new restrictions on movement and business to contain the epidemic. It’s not as drastic as the lockdowns imposed earlier in the year, but it’s still enough to damage growth.. « The recovery is erratic, highly uncertain and subject to high downside risks, including those arising from outbreaks of renewed viruses in some economies, » the G20 said in a draft statement seen by Bloomberg.. . We are determined to continue to use all available policy tools as long as it is required to protect people’s lives, jobs, and incomes, support global economic recovery, and enhance the resilience of the financial system.. The final wording can still be changed after the virtual meeting. Bloomberg economic index of high-frequency data shows contraction in activity since the middle of last month. It previously started a rapid recovery in May, which faded at around 80% of its normal level in July. « Countries have begun to rise from the depths of the Covid-19 virus crisis, » IMF Managing Director Kristalina Georgieva said in a blog post.. . But the resurgence of contagion in many economies shows how difficult and uncertain this rise is. The IMF urged governments and central banks not to withdraw policy support prematurely. The Federal Reserve and the European Central Bank are discussing further stimulus as soon as next month even amid growing confidence that a vaccine for the virus is approaching.. Georgieva said that some economies have room for more financial support next year beyond current budgets, and warned against cutting lifelines such as expanding unemployment benefits.. . But he talks about another stimulus package between U. s. Politicians seem to have stopped, and some of the previous measures will expire. In Europe, the huge recovery fund is at risk due to disagreements over conditions. The International Monetary Fund warned last month that the global economy continues to face an erratic recovery until the virus is tamed. At the time, it lowered its recession forecast this year to 4. 4% out of 5. We saw a 2% drop in June, although this will be the deepest contraction since the 1930s. Georgieva has encouraged G20 countries to prepare simultaneous investments in infrastructure once the virus is better controlled, saying that new IMF research shows significant economic gains from this spending.. . If countries act alone, she said, it will take about two-thirds of the spending to achieve the same results. For more articles like these, please visit us at Bloomberg. comSubscribe now to stay on top with the most trusted business news source. © 2020 Bloomberg LLC. s.
Sugarbreak, the first natural and complete solution to help reduce sugar consumption and promote healthy blood sugar management, raised nearly $ 3 million in the latest round of financing. This tour featured exclusively mission-focused investors: SKAGEN Conscience Capital (Method), Bronze (LendUp, Promise, Virta Health), BBG Ventures (LOLA, The Wing, Zola) and Sorven Capital. The funding will be used to expand availability and product development as the brand looks to innovate and add additional offerings in early 2021.
Falkonry and Ternium are collaborating to accelerate the reduction of planned and unplanned downtime across steel production processes
The San Juan Basin Royalty Trust announced a $ 0 cash distribution. 027407 per unit paid on 12/14/2020 to record holders as of 11/30/2020.
Today Electronic Retail Ventures (REV) announced its purchase of some popular brands from RadioShack and related assets..
Today’s display case came clean about its role as a starting point for Hand IQ, which brings to the market a smart hand-washing assistant at a time when hand washing is one of the best human tools to combat the global coronavirus pandemic. Supplyframe DesignLab, a 4,900-square-foot research and development studio for entrepreneurs and inventors, Hand IQ has provided a wealth of professional tools to facilitate collaborations in startup art, manufacturing, product design, and technology..
Stock, Cineworld, UK, Publicly Listed Company
World News – GB – Cineworld Among the 10 Most Discounted Stocks in the UK
Related title :
– Cineworld out of the top 10 UK short selling stocks
– Struggling Cineworld tops the list of 10 UK short selling stocks
Donnez votre avis et abonnez-vous pour plus d’infos
Vidéo du jour: