Noble Group Short Selling Surges to Record After Rally: ChartBy
Short-selling in Noble Group Ltd., which lost about two-thirds of its market value last year amid criticism of its accounting, rose to a record on Feb. 1, Markit Group Ltd. data show. That was after shares rallied 15 percent on Jan. 29, the most in three months. The commodity trader is raising $750 million cash from the sale of the remaining stake in its agricultural unit in an attempt to bolster liquidity.
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