Market Flash on Iran + Oil & Gas

‘Epic Fury’ Shakes Up Energy, Driving a Short Frenzy Across Oil and Gas

With the onset of “Operation Epic Fury”, led by a U.S. and Israeli coalition, ripple effects were felt throughout the global markets. Equity futures are declining and key crude benchmarks are rising on supply concerns tied to heightened risks around the Strait of Hormuz, a key artery for global oil and LNG flows.

The fallout has triggered renewed short interest in energy names exposed to infrastructure and geopolitical risk. EquiLend Borrow Quantity in the Integrated Oil & Gas sector is up 99% year-to-date!

EquiLend Utilization: Inventory Is Nearly Maxed Out

These names have seen their lendable supply nearly saturated as EquiLend Utilization approaches 100%. When utilization rises to these levels, these highly borrowed securities could be the most prone to sharp movements in the event of further developments in the Iranian conflict.

Ticker	Security Description	Industry	Utilization (%)
TMDE	TMD ENERGY LIMITED ORD	Oil and Gas Storage and Transportation	100.00
SAPMY	SAIPEM SPA UNSP ADS EACH REP 0.2 ORD	Oil and Gas Equipment and Services	100.00
STAK	STAK INC. COM CL A	Oil and Gas Equipment and Services	100.00
DLXY	DELIXY HLDGS LTD ORD	Oil and Gas Storage and Transportation	99.47
ISOU	ISOENERGY LTD COM NPV (POST REV SPLIT)	Coal and Consumable Fuels	99.42

EquiLend Predicted Short Interest: Signalling Negative Sentiment

EquiLend’s new Predicted Short Interest highlights the names experiencing the largest short interest shifts in real time.

These energy names have seen the largest increases in EquiLend’s Predicted Short Interest in the past week, signaling that bearish conviction may be building.

Ticker	Security Description	Industry	Predicted Short Interest Quantity Week Difference (% Diff WoW)
PTEN	PATTERSON UTI ENERGY INC COM	Oil and Gas Drilling	10,353,268 (+29%)
SM	SM ENERGY COMPANY COM	Oil and Gas Exploration and Production	6,534,883 (+42%)
CVE UA	CENOVUS ENERGY INC COM NPV	Integrated Oil and Gas	6,400,712 (+17%)
CNQ UA	CANADIAN NATURAL RESOURCES LTD COM NPV	Oil and Gas Exploration and Production	6,386,030 (+24%)
PBR	PETROLEO BRASILEIRO SA PETROBRAS	Integrated Oil and Gas	6,286,776 (+17%)

Top Movers Today: Real-Time Borrow Demand

EquiLend Real-Time Data shows that the Energy sector has continued to see increased demand. As of 12pm EST yesterday (March 4), the following five names had seen the largest intra-day net gains:

Ticker	Security Description	Industry	RT Net Intraday Positions (Qty)
467 HK	UNITED ENERGY GROUP LTD.	Oil and Gas Exploration and Production	247,405,547
857 HK	PETROCHINA CO ‘H’	Integrated Oil and Gas	57,296,378
ENI IM	ENI SPA NPV	Integrated Oil and Gas	46,880,158
VEA AU	VIVA ENERGY GROUP LTD NPV	Oil and Gas Refining and Marketing	26,531,485
1033 HK	SINOPEC OILFIELD SERVICE CORPORATION	Oil and Gas Equipment and Services	16,107,500

The EquiLend Edge

EquiLend’s short sale & financing data provides actionable intelligence on evolving market sentiment that traditional metrics may not capture.

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