A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Saturday’s trading session, five stocks witnessed a build of fresh short positions. Here’s the list:
ETtech
OI change on May 18: 2.58% Stock price change: -2.04%
Agencies
OI change on May 18: 1.53% Stock price change: -1.1%
Reuters
OI change on May 18: 0.63% Stock price change: -4.93%
PTI
5/6
LIC Housing Finance
OI change on May 18: 0.32% Stock price change: -1.05%
Agencies
6/6
Chambal Fertilisers and Chemicals
OI change on May 18: 0.13% Stock price change: -1.19%