31-07-2015, 07:56 AM
Noble’s shares on loan, a measure of short interest, have risen above 9%, according to Markit. To fight that pressure, Noble has countered by aggressively buying back its own stock. That may have limited the damage over the past month or so. But under Singapore Stock Exchange rules, Noble can’t buy back stock in the two weeks leading up to its earnings announcement, which is scheduled for Aug 13. That no-trading “blackout” period started Thursday.
http://blogs.wsj.com/moneybeat/2015/07/3...ross-moat/
http://blogs.wsj.com/moneybeat/2015/07/3...ross-moat/