S3 Partners Launches Real-Time Short Interest Analytics on the Bloomberg APP Portal

Bloomberg Professional service subscribers can utilize the BLACK APP from S3 Partners to identify crowded trades

NEW YORK, June 23, 2016 /PRNewswire/ -- S3 Partners today launched its BLACKLIGHT APPs Crowding Kit (the "BLACK APP") on the Bloomberg APP Portal at {APPS BLACK }. The BLACK APP uses S3 BLACKLIGHT financing rate data, which is already available on the Bloomberg Professional service {SI} and {EMSX} pages, to deliver real-time analytics on crowded trades.

By connecting trading and financing market activities, the BLACK APP provides Bloomberg Professional service subscribers with the ability to accurately identify short-selling events and a security's borrow velocity relative to market float, real-time short interest, financing cost and supply capacity. The BLACK APP also automates a traditionally labor-intensive process, streamlining the financing workflow of those borrowing or lending a stock, ETF or an index.

"THE BLACK APP is a slick analytics tool to see how real-time short-selling activity impacts portfolios. It is a must have for all trading professionals," said Dave "Tiger" Williams, Managing Partner of Williams Trading.

The BLACK APP delivers powerful, real-time analytics that enable market professionals to:

• See how short selling, short covering, long selling and short squeezes are affecting their portfolios;
• See real-time intelligence on short interest reporting that challenges biased market indicators;
• See and track crowded longs and shorts for specific corporate names, ETFs, sectors and indices;
• See how borrowing and lending activity can affect market price action and financing rate movements; and
• See utilization, borrow velocity, and financing cost analytics.

The BLACK APP is supported by a robust pipeline of S3 Partners' proprietary, independent and timely data for over 15,000 securities, sourced each day from trillions of dollars of asset inventory. The BLACKLIGHT APP draws on this unique source of data to generate analytics that complement the Bloomberg user's workflow. In addition, portfolios can be integrated and effortlessly uploaded to the BLACK APP from multiple formats.