Solaria: Bears lose value, again in the tail of Ibex 35

Solaria does not raise its head on the IBEX 35, with a sharp fall at the end of the session this Friday by 7.19% to 13.43 euros within the selective, closing the day up 0.20%.

The renewable energy company is the most penalized value in the index at the start of the year, with the exception of Grifols, which has already accumulated drop by 27.5% causing its market capitalization to fall below €1,700 million.

Solaria, which like the rest of the renewable energy industry is heavily penalized by higher interest rates, is also seeing bearish firms are doubling their bets against himwhile 4.24% of capital is currently short.

This same week BlackRock decided to increase its reported short position in the company to 1.77% of equity, up from the 1.36% it held last week.

The American giant appears behind Helikon Investmentwhich has a 0.94% short position in Solaria since October 6, 2023. The last person to join is ShadowFall Capital & Researchwhich on January 24 announced a rate reduction of 0.51% of capital.

Also AHL Partners is short 0.51% after raising it this week, while Squarepoint OPS It has also increased by 0.51% since Friday of last week.

Shorting is a purely speculative strategy in which an investor bets that the price of a security will fall rather than rise. When going short, securities are borrowed from a third party, usually a broker, and then sold. The profit is derived from the difference between the sale price of the asset and the price paid later to purchase it to repay that loan.

One factor to take into account is that the CNMV only publishes data on aggregate net short positions greater than or equal to 0.5% of a company’s capital, although hedge funds and bearish investors are required to report information when adjusting any position. which exceeds 0.2. %. It means that Public data may not necessarily accurately reflect actual short positions opened in Solaria.as there may be other bearish bets being made outside of investors’ radar.