MADRID, 19 Ene. (EUROPA PRESS) –
The bearish fund Millenium Internacional Management, which this week opened a short position on Grifols, has decided to extend its bearish bet against two other Ibex 35 stocks: Enagás and Acciona.
In the case of Acciona, it is the only firm with a short position. Specifically, yesterday it reported that on the 17th it had opened a position equivalent to 0.5% of the company’s capital. At the price at which the shares closed that day, the position is worth about €32 million.
For its part, the fund has also decided to open a short position in Enagás, equivalent to 0.53% of the capital. At the price at which the shares closed on Wednesday, the position has a theoretical value of €21.7 million.
These valuations, calculated by Europa Press, are theoretical, because they depend on the average price at which the position has been formed. Subsequently, the possible profit of this operation will also be affected by the average purchase price of the shares (in short positions you first sell, and then buy), the possible cost of leverage and the consideration offered to the holders of whom has borrowed these shares.
BlackRock is also present in Enagás with short positions, with 1.78%; the Canadian sovereign pension fund, with 0.59%, and the Point 72 Europe fund, with 0.87%.
