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(Reuters) - Fertility testing company turned COVID-19 specialist NanoRepro NN6G.DE, which has been a recent darling of German retail investors, has seen a sudden emergence in short selling activity after a dramatic share price surge.
Shares in the Marburg-based company have climbed around 4,000% at its peak this month from early March last year when it first added a coronavirus test to its portfolio, sparking a boom in its business.
But signs of stock borrowing activity in the German micro-capitalized company emerged for the first time in more than 15 months last week, data from FIS Astec Analytics showed, indicating that some investors were taking a stab at shorting the stock.
The IPO of Easy Trip Planners, company that operates online travel portal easemytrip.com, on Tuesday got subscribed over 7 times a day before its close. Bulk of the bids so far have come from retail investors. The retail quota for the IPO is only 10 per cent as against 35 per cent for most of the other IPOs. Easy Trip has set a price band of Rs 186-187 per share. The IPO is entirely an offer for sale by promoters. At the upper end of the price band, the company will have a market cap of Rs 2,030 crore. Easy Trip offers services such as airline tickets, hotel bookings and holiday packages.
The Exchange has decided to resume the trading in shares of Polarcus Ltd
(PLCSo, ISIN code KYG7153K1085, order book ID 089289) as the shares has been
resumed on Oslo Stock Exchange with effect as of today
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Mark Blinch/Globe and Mail
Canadian stock exchanges experienced an unprecedented surge in trading volumes in the first two months of 2021, driven by a rush of retail investors piling into small-cap stocks, particularly in the technology and mining sectors.
Cumulative trading volume on the Toronto Stock Exchange, the Canadian Securities Exchange and TSX Venture Exchange surged 158 per cent to 32.9 billion trades in February from 12.7 billion trades in the same month a year earlier. There were roughly 25 billion trades on these three exchanges in January, more than double from 12 billion the year prior.