FLEX LNG short-cover rocket fuel

Short was set at 13 kroner in Flex LNG, as we now passed 13 kroner and as rates are jumping I expect around 1,5 million shares to be covered at higher price. Be prepared for several kroner up from this level as very few shares have so far been bought back by short sellers.

POSITION HOLDER	SHORT POSITION	SHORT PERCENT	POSITION DATE (DD.MM.YYYY)
MACQUARIE FUNDS MANAGEMENT HONG KONG LIMITED	–	< 0,5%	02.08.2018
MACQUARIE FUNDS MANAGEMENT HONG KONG LIMITED	1 842 859	0,50%	11.07.2018

Technical indicators are in the positive also and FLNG will most likely enter unknow territory on the way upwards.