May 22, 2024 09:04 GMT
Investment Funds Power Positioning Turns Bearish
POWER
Power POSITIONING - Investment funds decreased long positioning in ICE German power futures fell slightly last week, with net short positioning increasing to the most bearish since 26 April, according to the commitment of trader’s data for the week of 17 May.
- Investment Funds net short position increased by just 48,600 to - 968,284.
- Investment Firms net long position fell by 247,240 to +92,607.
- Commercial Undertaking net long position rose by 613,702 to +5.763mn.
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