[오늘경제 = 방수진 기자]
While some individual investors, led by the Korea Stock Investors Association (Han Tu-yeon), have declared short selling and war, attention is being paid to stocks with large short selling balances.
Short selling is a technique for investing in a decline in stock prices, because when short squeezes are made (investors who have sold short stocks in a hurry to buy stocks while seeing losses), the larger the amount of short selling, the greater the loss of investors such as hedge funds.
According to the Korea Exchange on the 2nd, Celltrion had a short selling balance of 2 trillion won as of the end of last month, the most among the KOSPI listed stocks. Samsung Electronics (3136 billion won) and Samsung Biologics (310.3 billion won) were followed.
HLB is the first in the KOSDAQ market with a short selling balance of about 300 billion won. Celltrion Healthcare (202.4 billion won), KM Double U (192.5 billion won), and Pearl Abyss (1184 billion won) were followed.
Han Too-yeon made a statement the day before, officially declaring a war against short selling, expressing its intention to solidarity with the shareholders of Celltrion and HLB, which have a large balance of short selling in the KOSPI and KOSDAQ markets.
Han Too-yeon plans to open a KStreetbets (KSB) site, focusing on the fact that US individual investors competed with short selling hedge funds, centered on Reddit’s’Wall Street Betz’ bulletin board.
It is reported that individual US investors bought GameStop stocks and raised their stock prices, causing damage to some hedge funds that had to pay off their borrowed stocks.
However, CEO Jeong Eui-jung Han Too-yeon said, “It does not mean that we will (buy) right now,” and “First of all, we plan to gather the forces of individual investors to examine the intentions of the members.
The current aggregated short selling balance, where short selling is prohibited, is estimated as the amount of short selling by the market maker. When market makers buy futures in order to supply liquidity, they sell spots for hedging (risk aversion), using short selling.
In addition, there seems to be some remaining short sales before March last year, when short sales were banned.
On the 28th, the share of short selling balances compared to the number of listed stocks in the securities market was in the order of Lotte Tourism Development (6.77%), Doosan Infracore (5.04%), and Celltrion (4.56%). In the KOSDAQ market, Shillazen (9.07%), HLB (6.52%), and KM Double U (6.13%) were in order.
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