Here's an update with the latest shorting data.
Yesterday there were 599,522 gross shorts. This is significant given it's ~15% of volume of ~4 million.
http://www.asx.com.au/data/shortsell.txt
As of last Thursday there were 2,365,063 outstanding shorts. I believe this figure probably grew earlier in this week based on the gross short data.
http://asic.gov.au/Reports/Daily/2017/05/RR20170525-001-SSDailyAggShortPos.pdf
So the big question is were these shorts covered at all today and if not when are they going to be covered?! Perhaps they were (are) hoping to push it down to ~6.5 before covering?
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