CUV 1.48% $15.06 clinuvel pharmaceuticals limited

short interest rising due to ext of time perhaps?, page-3

  1. 926 Posts.
    lightbulb Created with Sketch. 571
    Why would it go down like a lead balloon? Over the last month, the short positions have increased from 0.74% (June 11) to 2.43% (July 9) of issued shares while the SP has been pretty much flatline over that time with even a small spike mid June - that is pretty good news as the shorting has done little with willing buyers on hand and not much panic selling and those shorters will have to buy back in - all 1.2 M shares. Here's the 1-month chart with short positions in blue and the SP in grey.

    https://hotcopper.com.au/data/attachments/1639/1639747-2be660c772512097ed23075c52eed528.jpg
 
watchlist Created with Sketch. Add CUV (ASX) to my watchlist
(20min delay)
Last
$15.06
Change
0.220(1.48%)
Mkt cap ! $762.6M
Open High Low Value Volume
$14.88 $15.27 $14.73 $1.312M 87.01K

Buyers (Bids)

No. Vol. Price($)
1 428 $15.06
 

Sellers (Offers)

Price($) Vol. No.
$15.21 107 1
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
CUV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.