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盈透:云储存公司的股票做空使用率超高

2017-3-13 23:50 盈透专栏 interactive 评论: (0) |原作者: IB证券借贷服务台|来自: IB美国盈透证券

Nutanix公司(纳斯达克股票代码:NTNX)是一家设计并开发企业云储存平台的公司。该公司于2016年9月以每股16美元的价格进行首次公开募股(IPO)。去年11月时对该股票的做空数量达27%,今天涨至31%。自去年11月公司发布了负收入的盈利报告之后,股票的借贷费用变得越来越贵。今天市场上的平均借贷费为45%,利用率为100%。供应的缺乏意味着股票贷方拥有定价权利。我们的借贷服务台显示只有很少可用部分来自大型银行和零售经纪商,大规模做空仍很困难(且非常昂贵)。


Utilization is Sky High in the Cloud

Nutanix Inc (NASDAQ: NTNX) designs and develops enterprise cloud platforms.  The company held its IPO in September of 2016 at $16 per share.  Short interest spiked to 27% of the float by November of last year, rising to 31% today.  The stock has been getting more expensive to borrow since November when the company announced negative earnings.  Today’s average borrow fee across the street is 45% with 100% utilization.  The dearth of supply signals pricing power to lenders.  Our desk is seeing small shows from both large banks and retail brokers, but it would be difficult (and expensive) to short in large volume.


这篇文章已被翻译成中文。原英文作者为IB证券借贷服务台。如英文版本和中文版本之间有任何不一致,以英文版本为准。该文章中的分析仅为提供信息,不是也不应该被视为推销或招揽购买任何证券。文章中讨论的一般市场活动、行业或领域趋势、或其它基于广泛的经济或政治条件的内容,不应被解释为研究结果或投资建议。讨论中提及包括的特定证券、商品、货币、或其它产品均不构成IB推荐购买,出售或持有此类投资的建议。本材料不是也不意图针对个别客户的特定财务条件、投资目标或要求。在根据本材料采取行动之前,您应该考虑是否适合您的具体情况,并在必要时寻求专业建议。

The analysis in this article is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IB to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


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