Samsung Electronics Tops Short Selling in May... HMM and LG Chem Rank 2nd and 3rd
[Asia Economy Reporter Park Jihwan] Since the resumption of short selling earlier this month, the stock with the highest short selling transaction amount was Samsung Electronics.
According to the Korea Exchange on the 30th, over the past 18 trading days, the short selling transaction amount of Samsung Electronics was 611.7 billion KRW, the highest among the stocks included in the KOSPI 200 and KOSDAQ 150 indices subject to short selling.
Next was HMM, which faced short selling worth 391.1 billion KRW. This was followed by LG Chem (361.4 billion KRW), Celltrion (327.1 billion KRW), and Hyundai Motor (315.7 billion KRW).
The short selling transaction amount refers to the total amount involved in borrowing stocks to sell short, then buying back the stocks after the price drops, and returning them. In terms of short selling volume, Samsung Heavy Industries ranked first with 19.34 million shares.
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The stock prices of the top short selling transaction amount stocks showed mixed results. Among the top 10 stocks by transaction amount, four stocks?Samsung Electronics, LG Chem, LG Display, and SK Hynix?declined. On the other hand, six stocks?HMM, Hyundai Motor, Kakao, Samsung Biologics, Celltrion, and SK Innovation?rose.
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