<p><img src="https://imageproxy.pbkrs.com/https://cdn.pixabay.com/photo/2014/08/01/17/56/ipad-407799_960_720.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="960" height="640" original-src="https://imageproxy.pbkrs.com/https://cdn.pixabay.com/photo/2014/08/01/17/56/ipad-407799_960_720.jpg"/></p>
<p><em>圖片來源：Pixabay</em></p>
<p>過去幾個月對加密貨幣來説是充滿挑戰的，這可能是導致領先的加密股票 <strong>Coinbase</strong>（納斯達克：COIN）在 11 月份被機構投資者大量做空的原因之一。</p>
<p><strong>Hazeltree 的空頭擁擠報告</strong> 顯示，Coinbase 在上個月被列為第三大被做空股票。這是該股票首次進入 Hazeltree 每月榜單的前十名。</p>
<p>“Coinbase 首次進入大型股空頭前十名，因為這家美國加密交易所的股價從 10 月 27 日到 11 月 20 日穩步下滑，下降幅度達到 34.1%，”<strong>Hazeltree 的數據洞察董事總經理 Tim Smith</strong> 表示。<strong>“資產管理者可能在做空該股票，以對沖其潛在的加密貨幣風險，而其他人則在對年末加密貨幣反彈的潛在結束進行投機。”</strong></p>
<p>根據 Hazeltree 的分析，Coinbase 股票在 11 月份的 19 個交易日中有 11 天出現了負價格波動。這一活動反映了自 10 月初以來加密市場的整體看跌情緒。</p>
<h2>Palo Alto Networks 是被做空最多的股票</h2>
<p>上個月前十名中還有一些顯著的科技股票，包括兩家網絡安全領導者——<strong>Palo Alto Networks</strong>（納斯達克：PANW）和 <strong>Crowdstrike</strong>（納斯達克：CRWD）。</p>
<p>事實上，Palo Alto Networks 是上個月被做空最多的大型股。以下是前十名。</p>
<ul>
<li>Palo Alto Networks (PANW): 99</li>
<li>Charter Communications (CHTR): 87</li>
<li>International Business Machines (IBM): 84</li>
<li>Marriott International (MAR): 84</li>
<li>Coinbase (COIN): 84</li>
<li>Goldman Sachs (GS): 81</li>
<li>SPDR S&amp;P 500 ETF (SPY): 81</li>
<li>Ingersoll Rand (IR): 81</li>
<li>Fox Corporation (FOXA): 81</li>
<li>CrowdStrike (CRWD): 81</li>
</ul>
<p>擁擠度得分標準化了 Hazeltree 社區中做空特定證券的基金數量，99 為最高可能得分。</p>
<p><strong>Charter 的機構供應利用率</strong>（ISU）百分比最高，達到 40.79%。這代表了機構投資者借出特定證券的供應比例，是供應與需求動態中證券 “熱度” 的一個指標。</p>
<h2>MGM 在被做空最多的中型股名單上</h2>
<p>在中型美國股票中，<strong>Hims and Hers Health</strong>（紐約證券交易所：HIMS）是被做空最多的，得分為 99。它的 ISU 百分比也最高，達到 61.44%。</p>
<p><strong>Knight-Swift Transportation</strong>（紐約證券交易所：KNX）以 96 分緊隨其後，<strong>Campbell’s Company</strong>（納斯達克：CPB）得分為 92。前十名中還有 <strong>MGM Resorts</strong>（紐約證券交易所：MGM），得分為 85，以及蛋類生產商 <strong>Cal-Maine Foods</strong>（納斯達克：CALM），得分為 81。</p>
<p>11 月份被做空最多的小型股是 Allegiant Travel（納斯達克：ALGT），擁擠度得分為 99。這是該航空公司連續第二個月位居小型股榜首。</p>
<p><strong>IMAX Corp.</strong>（紐約證券交易所：IMAX）以 90 分緊隨其後，而 <strong>Trip Advisor</strong>（納斯達克：TRIP）以 86 分位列第三。<strong>Applied Optoelectronics</strong>（納斯達克：AAOI）在小型股中 ISU 百分比最高，達到 65.69%。</p>
<hr/>
<p><em>更多來自此作者的文章：</em></p>
<p>年初至今上漲 340%，Planet Labs 股票值得買嗎？</p>
<p>美國股票在 10 年後會在哪裏？</p>
<p>這就是 ANF 上漲的原因</p>

COIN

<p>Coinbase（納斯達克代碼：COIN）在 11 月份被機構投資者大量做空，首次出現在 Hazeltree 的空頭擁擠度報告的前 10 名中。該股票在 10 月 27 日至 11 月 20 日期間下跌了 34.1%。其他在前 10 名中值得注意的股票包括 Palo Alto Networks（被做空最多）、Charter Communications 和國際商業機器公司。在中型股中，Hims and Hers Health 是被做空最多的，而 Allegiant Travel 則位居小型股榜首</p>

<p><img src="https://imageproxy.pbkrs.com/https://cdn.pixabay.com/photo/2014/08/01/17/56/ipad-407799_960_720.jpg" alt="" original-src="https://cdn.pixabay.com/photo/2014/08/01/17/56/ipad-407799_960_720.jpg"/></p>
<p><em>Image Source: Pixabay</em></p>
<div class="lb-trans"><p><em>圖片來源：Pixabay</em></p>
</div><p>It has been a challenging past couple of months for cryptocurrencies, which may be one of the reasons that a leading crypto stock, <strong>Coinbase</strong> (Nasdaq: COIN), was heavily shorted by institutional investors in November.</p>
<div class="lb-trans"><p>過去幾個月對加密貨幣來説是充滿挑戰的，這可能是導致領先的加密股票 <strong>Coinbase</strong>（納斯達克：COIN）在 11 月份被機構投資者大量做空的原因之一。</p>
</div><p><strong>The Hazeltree Shortside Crowdedness repor</strong> t for November listed Coinbase as the third most shorted stock last month. It marked the first time that the stock made the top 10 on the monthly Hazeltree list.</p>
<div class="lb-trans"><p><strong>Hazeltree 的空頭擁擠報告</strong> 顯示，Coinbase 在上個月被列為第三大被做空股票。這是該股票首次進入 Hazeltree 每月榜單的前十名。</p>
</div><p>“Coinbase cracked the top 10 most crowded large-cap shorts for the first time, as the U.S.-based crypto exchange experienced a steady decline in its stock price from October 27 to November 20, with a notable 34.1% drop,” <strong>Tim Smith</strong>, managing director, data insights at Hazeltree, said. <strong>“It may well be that asset managers are shorting the stock as a hedge against underlying crypto exposure, while others are speculating on the potential end of the year’s crypto rally.”</strong></p>
<div class="lb-trans"><p>“Coinbase 首次進入大型股空頭前十名，因為這家美國加密交易所的股價從 10 月 27 日到 11 月 20 日穩步下滑，下降幅度達到 34.1%，”<strong>Hazeltree 的數據洞察董事總經理 Tim Smith</strong> 表示。<strong>“資產管理者可能在做空該股票，以對沖其潛在的加密貨幣風險，而其他人則在對年末加密貨幣反彈的潛在結束進行投機。”</strong></p>
</div><p>Coinbase stock saw negative price movements on 11 of the 19 trading days in November, according to Hazeltree’s analysis. The activity reflects the broader bearish sentiment in the crypto market since early October.</p>
<div class="lb-trans"><p>根據 Hazeltree 的分析，Coinbase 股票在 11 月份的 19 個交易日中有 11 天出現了負價格波動。這一活動反映了自 10 月初以來加密市場的整體看跌情緒。</p>
</div><h2>Palo Alto Networks was the most shorted stock</h2>
<div class="lb-trans"><h2>Palo Alto Networks 是被做空最多的股票</h2>
</div><p>There were also some notable technology stocks in the top 10 last month, including two cybersecurity leaders — <strong>Palo Alto Networks</strong> (Nasdaq: PANW) and <strong>Crowdstrike</strong> (Nasdaq: CRWD).</p>
<div class="lb-trans"><p>上個月前十名中還有一些顯著的科技股票，包括兩家網絡安全領導者——<strong>Palo Alto Networks</strong>（納斯達克：PANW）和 <strong>Crowdstrike</strong>（納斯達克：CRWD）。</p>
</div><p>In fact, Palo Alto Networks was the most shorted large-cap last month. Here are the top 10.</p>
<div class="lb-trans"><p>事實上，Palo Alto Networks 是上個月被做空最多的大型股。以下是前十名。</p>
</div><ul>
<li>Palo Alto Networks (PANW): 99</li>
<li>Charter Communications (CHTR): 87</li>
<li>International Business Machines (IBM): 84</li>
<li>Marriott International (MAR): 84</li>
<li>Coinbase (COIN): 84</li>
<li>Goldman Sachs (GS): 81</li>
<li>SPDR S&amp;P 500 ETF (SPY): 81</li>
<li>Ingersoll Rand (IR): 81</li>
<li>Fox Corporation (FOXA): 81</li>
<li>CrowdStrike (CRWD): 81</li>
</ul>
<div class="lb-trans"><ul>
<li>Palo Alto Networks (PANW): 99</li>
<li>Charter Communications (CHTR): 87</li>
<li>International Business Machines (IBM): 84</li>
<li>Marriott International (MAR): 84</li>
<li>Coinbase (COIN): 84</li>
<li>Goldman Sachs (GS): 81</li>
<li>SPDR S&amp;P 500 ETF (SPY): 81</li>
<li>Ingersoll Rand (IR): 81</li>
<li>Fox Corporation (FOXA): 81</li>
<li>CrowdStrike (CRWD): 81</li>
</ul>
</div><p>The crowdedness score normalizes the number of funds in Hazeltree’s community shorting a given security, with 99 being the highest possible score.</p>
<div class="lb-trans"><p>擁擠度得分標準化了 Hazeltree 社區中做空特定證券的基金數量，99 為最高可能得分。</p>
</div><p><strong>Charter had the highest institutional supply utilization</strong> (ISU) percentage at 40.79%. This represents the percentage of the institutional investors’ supply of a particular security that is being lent out. It is an indicator of how “hot” a security is in terms of the supply-demand dynamic.</p>
<div class="lb-trans"><p><strong>Charter 的機構供應利用率</strong>（ISU）百分比最高，達到 40.79%。這代表了機構投資者借出特定證券的供應比例，是供應與需求動態中證券 “熱度” 的一個指標。</p>
</div><h2>MGM on list of most shorted midcaps</h2>
<div class="lb-trans"><h2>MGM 在被做空最多的中型股名單上</h2>
</div><p>Among midcap U.S. stocks, <strong>Hims and Hers Health</strong>(NYSE: HIMS) was the most shorted with a score of 99. It also had the highest ISU percentage at 61.44%.</p>
<div class="lb-trans"><p>在中型美國股票中，<strong>Hims and Hers Health</strong>（紐約證券交易所：HIMS）是被做空最多的，得分為 99。它的 ISU 百分比也最高，達到 61.44%。</p>
</div><p><strong>Knight-Swift Transportation</strong> (NYSE: KNX) was next at 96, followed by the <strong>Campbell’s Company</strong> (Nasdaq: CPB) at 92. Other notable names in the top 10 include <strong>MGM Resorts</strong> (NYSE: MGM) with a score of 85 and egg producer <strong>Cal-Maine Foods</strong>(Nasdaq: CALM) with a score of 81.</p>
<div class="lb-trans"><p><strong>Knight-Swift Transportation</strong>（紐約證券交易所：KNX）以 96 分緊隨其後，<strong>Campbell’s Company</strong>（納斯達克：CPB）得分為 92。前十名中還有 <strong>MGM Resorts</strong>（紐約證券交易所：MGM），得分為 85，以及蛋類生產商 <strong>Cal-Maine Foods</strong>（納斯達克：CALM），得分為 81。</p>
</div><p>The most shorted small-cap stock in November was Allegiant Travel (Nasdaq: ALGT) with a crowdedness score of 99. It is the second straight month that the airline has topped the small-cap list.</p>
<div class="lb-trans"><p>11 月份被做空最多的小型股是 Allegiant Travel（納斯達克：ALGT），擁擠度得分為 99。這是該航空公司連續第二個月位居小型股榜首。</p>
</div><p><strong>IMAX Corp.</strong> (NYSE: IMAX) was next at 90, while <strong>Trip Advisor</strong>(Nasdaq: TRIP) was third with a score of 86. <strong>Applied Optoelectronics</strong>(Nasdaq: AAOI) had the highest ISU percentage among small caps at 65.69%.</p>
<div class="lb-trans"><p><strong>IMAX Corp.</strong>（紐約證券交易所：IMAX）以 90 分緊隨其後，而 <strong>Trip Advisor</strong>（納斯達克：TRIP）以 86 分位列第三。<strong>Applied Optoelectronics</strong>（納斯達克：AAOI）在小型股中 ISU 百分比最高，達到 65.69%。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><p><em>More By This Author:</em></p>
<div class="lb-trans"><p><em>更多來自此作者的文章：</em></p>
</div><p>Up 340% YTD, Is Planet Labs Stock A Buy?</p>
<div class="lb-trans"><p>年初至今上漲 340%，Planet Labs 股票值得買嗎？</p>
</div><p>Where Will U.S. Stocks Be In 10 Years?</p>
<div class="lb-trans"><p>美國股票在 10 年後會在哪裏？</p>
</div><p>Here’s Why ANF Is Rallying</p>
<div class="lb-trans"><p>這就是 ANF 上漲的原因</p>
</div>

Leading Crypto Stock Among The Most Shorted In November

- 11 月，Coinbase 成為機構投資者重倉做空的第三大股票。  
- 該股在 10 月 27 日至 11 月 20 日期間下跌 34.1%。  
- 整體加密市場自 10 月以來情緒低迷，反映出做空趨勢。  

領先的加密貨幣股票在 11 月成為被做空最多的股票之一