We received a note informing us of the existence of an interesting website named Tus Acciones. The site provides up-to-date information on short sales, dividends and volatility (all complemented with really good graphics) for most issues trading on the Spanish mercado continuo - plus a daily compendium of announcements from market supervisor, the CNMV.The short sale portion (entitled 'Prestadas' in the links at the top of the page) presents an order-able list of all followed issues with gross numbers and comparisons over time. Clicking, however, on the name of the stock in which one is interested leads to a graph showing up to two and half years of short sale information, presented as gross numbers, percentage of outstanding stock (not public float) or value in euros at the day's closing price. The same individual stock page will provide information on dividends.
If volatility has a hold on the reader's heart, the appropriate section would be 'Tendencias'. CNMV pronouncements? They can be found here.
Tus Acciones is a brilliant effort (especially knowing the amount of effort it takes to extract any useful information on this market from what is publicly offered) that only elicits one suggestion from us - add 'short interest' to the choices for viewing short sale info. That's the number of shares sold divided by the average daily volume of the last few months. In other words, how many days trading do outstanding short sales represent.
The graphic is a screen grab (with permission, we hope) of the short sale history of BBVA. The yellow line, corresponding to the left axis, is the number of shares outstanding. The other is the share price. Click on it to enlarge.
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