Tadawul witnesses 4 short selling deals

13/04/2023 Argaam

Tadawul witnesses 4 short selling deals

Tadawul trading screen


The Saudi Exchange (Tadawul) witnessed, on April 13, five short selling deals on  ACWA PowerAdvanced Petrochemical Co., Dallah Healthcare Co., and Alamar Foods Co. as follows: 

  

Short Positions

Company 

Net short positions to total issued shares 

Net short positions to free float shares 

Short ratio/average daily traded volume 

ACWA Power 

0.0128482%

0.0313730%

0.5059644

Advanced

0.0020062%

0.0020228%

0.0106981

Dallah Healthcare 

0.0269376%

0.0454042%

0.1755133

Alamar  

0.1329098%

0.3110103%

0.5892235

 

The following table details capital of companies on which transactions were executed and the number of shares:

 

Companies’ Capital, Number of Shares in Transactions

Company

Capital (SAR mln)

Number of Shares (mln)

Number of Shares/ Transactions

(‘000 shares)

ACWA Power 

7311.00

731.10

93.93

Advanced

2600.00

260.00

5.22

Dallah Healthcare

976.81

97.68

26.31

Alamar  

255.00

25.50

33.89

 

Tadawul approved amendments to the Short Selling Regulations and the Securities Borrowing and Lending (SBL) Regulations, which came into effect on March 6, 2022.

 

A short selling transaction means any sell of a listed security which is borrowed sufficiently to match the sell order, or the seller has an exercisable and unconditional rights to borrow, in accordance with the SBL Regulations.

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