Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Highly experienced ex-Delta One trader with 17 years of experience trading arbitrage and related strategies across Asian markets.

Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd.

It is important to note that the information provided by Periscope Analytics is based on publicly available data and own knowledge, which has been gathered and synthesized from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions.

All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include, but are not limited to, company announcements, exchange filings, ETF and other passive investment vehicle holdings, and free float and volume data from third-party data providers. Periscope Analytics does not guarantee the accuracy and completeness of the forecasts, estimates and/or other information.

Pan-Asia Index Rebalances/ Events/ Delta One

Taiwan - Pegatron, Yageo, Nanya Tech Shorts Covered

Quantitative Analysis

Taiwan Technology hardware and equipment / Quantitative Analysis

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<p>Total short notional in Taiwan stocks is TWD 255,251 mm (~US$8.40 bn) as of 8 November.</p>
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<p>Over the week, the largest short positions were put on in <a href="https://www.smartkarma.com/entities/taiwan-semiconductor-manufacturing-company-tsmc" target="_blank" rel="noopener" data-smartkarma-citation="entities:11230:1">Taiwan Semiconductor Manufacturing Company (TSMC) (2330 TT)</a>, <a href="https://www.smartkarma.com/entities/realtek-semiconductor-corp" target="_blank" rel="noopener" data-smartkarma-citation="entities:7326:1">Realtek Semiconductor (2379 TT)</a>, <a href="https://www.smartkarma.com/entities/evergreen-marine-corp-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:15428:1">Evergreen Marine Corp (2603 TT)</a> and <a href="https://www.smartkarma.com/entities/largan-precision-co-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:9126:1">Largan Precision (3008 TT)</a> and shorts were covered in <a href="https://www.smartkarma.com/entities/yageo-corporation" target="_blank" rel="noopener" data-smartkarma-citation="entities:13212:1">Yageo Corporation (2327 TT)</a>, <a href="https://www.smartkarma.com/entities/catcher-technology-co-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:4957:1">Catcher Technology (2474 TT)</a>, <a href="https://www.smartkarma.com/entities/nan-ya-plastics-corp" target="_blank" rel="noopener" data-smartkarma-citation="entities:10740:1">Nan Ya Plastics (1303 TT)</a> and <a href="https://www.smartkarma.com/entities/flexium-interconnect-inc" target="_blank" rel="noopener" data-smartkarma-citation="entities:15897:1">Flexium Interconnect (6269 TT)</a>. </p>
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<p>The largest short positions as a percentage of free float are <a href="https://www.smartkarma.com/entities/young-optics-inc" target="_blank" rel="noopener" data-smartkarma-citation="entities:7295:1">Young Optics (3504 TT)</a>, <a href="https://www.smartkarma.com/entities/precision-silicon-corp" target="_blank" rel="noopener" data-smartkarma-citation="entities:18158:1">Precision Silicon (3016 TT)</a>, <a href="https://www.smartkarma.com/entities/walsin-technology-corp" target="_blank" rel="noopener" data-smartkarma-citation="entities:11084:1">Walsin Technology (2492 TT)</a> and <a href="https://www.smartkarma.com/entities/taisol-electronics-co-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:7383:1">Taisol Electronics (3338 TT)</a> while the large cap stocks with the highest days to cover are <a href="https://www.smartkarma.com/entities/china-synthetic-rubber" target="_blank" rel="noopener" data-smartkarma-citation="entities:2403:1">China Synthetic Rubber (2104 TT)</a>, <a href="https://www.smartkarma.com/entities/au-optronics-corp" target="_blank" rel="noopener" data-smartkarma-citation="entities:6704:1">Au Optronics (2409 TT)</a>, <a href="https://www.smartkarma.com/entities/yulon-motor-company" target="_blank" rel="noopener" data-smartkarma-citation="entities:18249:1">Yulon Motor Company (2201 TT)</a> and <a href="https://www.smartkarma.com/entities/tatung-co-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:3458:1">Tatung Co Ltd (2371 TT)</a>. </p>
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<p>We also look at the stock performance on names that have the highest short interest as a percentage of free float.</p>
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Total short notional in Taiwan stocks is TWD 255,251 mm (~US$8.40 bn) as of 8 November.


Over the week, the largest short positions were put on in Taiwan Semiconductor Manufacturing Company (TSMC) (2330 TT), Realtek Semiconductor (2379 TT), Evergreen Marine Corp (2603 TT) and Largan Precision (3008 TT) and shorts were covered in Yageo Corporation (2327 TT), Catcher Technology (2474 TT), Nan Ya Plastics (1303 TT) and Flexium Interconnect (6269 TT). 


The largest short positions as a percentage of free float are Young Optics (3504 TT), Precision Silicon (3016 TT), Walsin Technology (2492 TT) and Taisol Electronics (3338 TT) while the large cap stocks with the highest days to cover are China Synthetic Rubber (2104 TT), Au Optronics (2409 TT), Yulon Motor Company (2201 TT) and Tatung Co Ltd (2371 TT). 


We also look at the stock performance on names that have the highest short interest as a percentage of free float.


International CSRC Investment Holdings Co., Ltd. (2104 TT)

International CSRC Investment Holdings Co., Ltd.

Taiwan - Most Shorted Stocks to Free Float