Fernando Rodríguez | The suspension on short-selling in Liberbank, which the CNMV has enforced for a month, has not left stock market players indifferent. Experts, fund managers, traders, analysts and lawyers, traditionally opposed to interference in the workings of the capital markets, are doubtful about the reach of such an exceptional measure. At the same time, they support the usefulness of the short-sellers.
Liberbank’s shares fell as much as 30% during Friday’s stock market session and the CNMV has today forbidden short-selling in the stock for a monthy. But there is concern that Liberbank could suffer the same fate as Banco Popular.