QUB 1.37% $3.70 qube holdings limited

Whilst I am quietly confident that Qub will progressively grow...

  1. 455 Posts.
    lightbulb Created with Sketch. 6

    Whilst I am quietly confident that Qub will progressively grow over time , what I am not sure about is the amount of shorting that has been going on with this stock Since I have watch the short seller movements information websit ( called Shortman) .
    It appears to me that an average of around 40% of the shares traded daily are being sold by the Shorters.

    There is over 80m shares shorted as I understand it that will have to rebought back and returned to their owners whom the shares have been borrowed from.

    These shorts will need to buy them back at a much lower price than what they sold them at initially to make some money before they return the shares borrowed back the rightfully owners. If and When that occurs I don't know because dontnhave access to that information, however I think it should create further buying opportunities for this stock .
 
watchlist Created with Sketch. Add QUB (ASX) to my watchlist
(20min delay)
Last
$3.70
Change
0.050(1.37%)
Mkt cap ! $6.510B
Open High Low Value Volume
$3.65 $3.71 $3.65 $4.447M 1.208M

Buyers (Bids)

No. Vol. Price($)
12 31188 $3.70
 

Sellers (Offers)

Price($) Vol. No.
$3.71 63599 33
View Market Depth
Last trade - 15.24pm 05/06/2024 (20 minute delay) ?
Last
$3.71
  Change
0.050 ( 1.88 %)
Open High Low Volume
$3.66 $3.71 $3.66 573796
Last updated 15.43pm 05/06/2024 ?
QUB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.