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Photo = Yonhap news |
[Alpha Biz= Paul Lee] On the first full day of reinstated short selling in South Korea’s stock market, Hotel Shilla had the highest short-selling transaction ratio among all stocks on the KOSPI exchange.
According to the Korea Exchange (KRX) on Tuesday, Hotel Shilla’s short-selling transaction volume reached ₩7.05 billion, accounting for 57.85% of its total trading volume of ₩12.18 billion on March 31.
Following Hotel Shilla, Hanwha (48.38%), KakaoBank (45.19%), and POSCO Future M (44.52%) also recorded high short-selling ratios. Among the top 10 stocks by short-selling ratio, four were retail sector companies (Hotel Shilla, Hanssem, Lotte Shopping, and E-Mart), reflecting investor sentiment that domestic consumption remains weak and could lead to stock price declines.
In absolute terms, the most shorted stock by transaction value was SK Hynix (₩229.8 billion), followed by Hanmi Semiconductor (₩87.3 billion), LG Energy Solution (₩80.3 billion), HD Hyundai Electric (₩44.0 billion), and POSCO Future M (₩38.2 billion).
On the KOSDAQ market, MicroDigital recorded the highest short-selling ratio at 60.42%, followed by Kakao Games (39.23%) and EcoPro (34.78%). In terms of transaction value, EcoPro led with ₩52.3 billion, followed by HLB (₩20.8 billion) and EcoPro BM (₩20.5 billion).
The surge in short-selling activity on retail and tech stocks suggests investors anticipate potential declines due to economic uncertainty and sector-specific risks.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
