JBH 1.76% $66.36 jb hi-fi limited

shorts still strong

  1. 96 Posts.
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    pretty interesting, i thought short positions might have been starting to unwind, last weel total % shorts went down to below 20%. This week (as of mon on asic website) its bounced back up to over 24%. I guess that explains the relative underperformance.

    Anyone think a strong short squeeze is still possible if JBH has a half decent christmas? I'm wondering what their average entry point is...

    Is JBH being used as a proxy for consumer sentiment or maybe a hedge for the broader market for some people?

    i strongly see why this was shorted when p/e's were quite high, just dont get it as much these days now that its returned to a reasonably good value. I guess many people have strong and unshakable views of the role of online?

    i guess the next trading update after christmas will be interesting :)
 
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$66.36
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1.150(1.76%)
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1 972 $66.35
 

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Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
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