Many of those that have been shorting Quindell have closed or are closing their short positions.
Robel S.L. are the last major player to hold a Quindell short position. Their last report to the FCA indicated they have reduced their declared position by 0.20%.
Roble have a declared short of 1.94%, that’s 8.5m shares required to close.
This is good news as this is an indication that those who have held a short position believe they have squeezed all they can out of Quindell shareholders and it looks like Roble is making a dignified exit.