Eurotrans shares surged by more than 100% following the ban on short… (акция · евротранс · короткий)
Eurotrans shares surged by more than 100% following the ban on short positions. The stock price rose after the Moscow Exchange announced a prohibition on short selling Eurotrans shares starting July 21.
Consensus
- The shares of Evrotrans (EUTR) rose by more than 100% on the Moscow Exchange.
- The share price reached 51.05 rubles per share.
- A ban on short positions in Evrotrans stocks was introduced starting July 21.
- The minimum risk margin for trading Evrotrans shares was set at 100% from July 21, effectively prohibiting the use of borrowed funds by investors.
Points of divergence
- In early July, Evrotrans admitted to a technical default on payment of the 17th coupon for bond series BO-001R-06. — vesti
Coverage (2 sources)
- Eurotrans shares soar by more than 100% following ban on short positions — Вести
- Eurotrans shares soared by more than 100% after ban on short positions — Коммерсантъ