Concerns rise over surge in short-selling of battery shares 배터리주 공매도 급증우려

[김우정]

최근 2차전지주의 공매도가 급증하고있습니다.
공매도는 특주식의 하락을 예상하여 주식을 빌려 매도주문을 내는 투자입니다.
공매도는 과열된 주식가치를 조정할 수 있지만 시장질서를 교란하는 역기능도 있습니다.
골드만삭스, 메릴린치, 모건스탠리 등 저명한 투자회사들이 공매도 상위에 있어서 우려가 큽니다.
당분간 2차전지주가의 흐름이 주식시장의 가장 큰 이슈가 될것으로 보입니다. 
 
Concerns rise over surge in short-selling of battery shares
배터리주 공매도 급증우려

By Lee Min-hyung 이민형 기자
Posted : 2023-08-01 17:02 Updated : 2023-08-01 17:05
Korea Times

Dealers work at a dealing room of Hana Bank's headquarters in Seoul on the last trading day of July. Yonhap 7월말일 서울에 있는 하나은행 딜링룸에서 딜러들이 일하고 있다. 연합

Goldman Sachs, Merrill Lynch and Morgan Stanley top list of EcoPro short-selling balances
골드만삭스, 메릴린치, 모건스탠리, 에코프로 공매도잔고 상위에 리스팅 

Korea's stock market is extending a volatile run in the face of a surge in short-selling of red-hot battery shares here.
한국 주식시장은 인기가 많은 배터리주식에 대한 공매도 폭증에 직면하면서 변동성이 계속되고 있다.

Data from the Korea Exchange showed investors' short-selling transaction volume on the benchmark KOSPI and secondary Kosdaq reached a monthly high in July. The figure amounted to 22.87 trillion won ($17.83 billion), up more than 55 percent from the previous month.
한국거래소의 데이터에 따르면, 7월에 주요지수인 코스피와 코스닥에서의 투자자들의 공매도 거래량이 월간최고치를 기록했다. 해당 숫자는 22.87조 원(1,783억 달러)으로, 이전 달보다 55% 이상 증가했다.

The KOSPI's daily short-selling transactions were worth 687.3 billion won on a daily basis last month, up 57.9 percent from a month earlier. The Kosdaq also increased 51.65 percent to 401.4 billion won during the same period.
지난 달 코스피의 일일 공매도 거래액은 6,873억 원으로, 한 달 전보다 57.9% 증가했다. 코스닥도 같은 기간 동안 4,014억 원으로 51.65% 증가했다.

This was triggered by the frenzied trading of battery stocks last month when most shares related to secondary batteries saw an increase in volatility due to an ever-optimistic industrial outlook. Until only recently, shares of EcoPro, POSCO and LS were on bullish runs, especially attracting the attention of retail investors. But some institutional investors also considered the recent battery rally as a bubble and betted on their downward adjustment by engaging in the short-selling of battery shares.
이는 지난 달 배터리 주식들의 열풍으로 인해 발생한 것으로, 대부분의 이차전지 관련 주식들이 계속해서 낙관적인 산업 전망으로 인한 변동성 상승을 경험했다. 최근까지 에코프로, 포스코, LS 주식들은 특히 개인투자자들의 관심을 끌며 상승세를 이어왔다. 그러나 일부 기관투자자들은 최근의 배터리 주가급등을 거품으로 보고, 이러한 주식들에 대해 공매도를 통해 하락조정을 예측하고 있다.

According to data from the exchange operator, three institutional investors ― Goldman Sachs, Merrill Lynch and Morgan Stanley placed their names on a list of investors who hold a considerable amount of short-selling balances on EcoPro for five trading days last week.
거래소 운영자의 데이터에 따르면, 세 기관투자자인 골드만삭스, 메릴린치, 모건스탠리가 최근 한 주동안 에코프로에 대한 상당한 양의 공매도 잔고를 보유한 투자자 목록에 이름을 올렸다.

During that period, Korea Exchange data showed that JPMorgan was the only institutional investor on the list for POSCO Holdings ― another battery stock that was at the center of investors' attention due to its steep price rise last month.
해당기간 동안 한국거래소의 데이터에 따르면, 포스코홀딩스 에 대한 유일한 기관투자자로는 JP모건이 그 목록에 있었다. 이 역시 최근 주가 급등으로 투자자들의 관심을 받았던 다른 배터리 주식이다.

Fears regarding battery short-selling are affecting the overall stock market sentiment here, as the main bourse and secondary stock markets moved in tandem with the volatile ups and downs of the large-cap battery shares. But as battery fever is showing no clear signs of ending anytime soon, the stock indexes are also forecast to extend their unstable runs for the time being.
배터리 공매도에 대한 우려로 인해 주식시장 전반적인 정서가 영향을 받고 있으며, 대형 배터리 주식들의 변동성과 함께 주요 코스피와 코스닥도 변동성이 크게 영향을 받고 있다. 그러나 배터리열풍이 끝나지 않을 것으로 보이므로, 주식지수들은 임시로 불안정한 추세를 이어갈 것으로 예상된다.

The extreme volatility of battery shares pushed local brokerage houses to remain quiet over the outlook of their future price movements. Only a few securities firms have urged investors to brace for the worst.
배터리 주식들의 극도로 불안정한 상태로 인해 국내증권사들은 미래주가 움직임에 대한 전망을 삼가고 있다. 일부 증권사들만 투자자들에게 최악의 시나리오를 대비하도록 권고하고 있다.


"Money has recently flown mostly to secondary battery shares, and some battery shares have been classified as ones that require cautious investment (by the Korea Exchange)," said Kim Dae-joon, an analyst at the Korea Investment & Securities. "If such stocks are not buoyed by an additional buying spree from investors, their prices will be on the path of extreme instability."
김대준 한국투자증권 애널리스트는 "최근 자금은 대부분의 이차전지 주식들로 흘러가고 있으며, 일부 배터리 주식들은 주의해서 투자해야 할 대상으로 분류되고 있다"고 말했다. "만약 이러한 주식들이 투자자들의 추가적인 매수로 지지받지 못한다면, 그 가격은 극도로 불안정한 상태로 나아갈 것이다."

#배터리주(Batteryshares) #공매도(Short-selling) #골드만삭스(GoldmanSachs) #메릴린치(MerrillLynch) #모건스탠리(MorganStanley) #에코프로(EcoPro) #코스피 (KOSPI) #코스닥(Kosdaq) #포스코홀딩스(POSCOHoldings) #변동성(Volatility)