The chart below was based on short positions updated on Shortman today.
RFG has the second highest ranking of short positions of the top 10 companies when the short position is expressed in days of Average Daily Trading by $ value; only Aconex is higher.
This tells me that when the squeeze gets going, it is going to be very sharply upwards.
This reminds me of the sharp 20.7% SP increase between 20th Jul'17 and 3rd Aug'17.
As I said in my previous post: something's gotta give!!!!
It would take the equivalent of 51.7 days of average trading to reduce the RFG short position to nil.
Column 1 Column 2 Column 3 Column 4 1 Top 100 Code % Shorted Equiv days trading 2 Short position 3 4 #1 SYR 20.69% 35.6 days 5 #2 IGO 18.21% 28.1 days 6 #3 ORE 17.31% 21.6 days 7 #4 DMP 17.27% 17.4 days 8 #5 WSA 16.64% 28.5 days 9 #6 JBH 15.54% 30.6 days 10 #7 RFG 14.79% 51.7 days 11 #8 SHV 14.61% 45.7 days 12 #9 MYR 13.50% 36.2 days 13 #10 ACX 13.03% 53.0 days
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Last
6.8¢ |
Change
0.003(4.62%) |
Mkt cap ! $169.4M |
Open | High | Low | Value | Volume |
6.6¢ | 6.8¢ | 6.6¢ | $75.74K | 1.134M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 179574 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 198754 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 179574 | 0.066 |
13 | 1286372 | 0.065 |
2 | 496288 | 0.064 |
7 | 157539 | 0.063 |
3 | 278623 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 174710 | 3 |
0.069 | 227869 | 5 |
0.070 | 2066894 | 9 |
0.071 | 7501 | 1 |
0.072 | 74000 | 1 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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RFG (ASX) Chart |