MSB 10.4% $1.49 mesoblast limited

Ann: Rexlemestrocel Reduces Heart Attacks/Strokes/CV Death in CHF, page-373

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  1. 434 Posts.
    lightbulb Created with Sketch. 12100

    If you take the last reported short position for MESO in the US and then add the latest figures from Shortman, which show as of the 6th January, the short position for MSB is 9.92% ...the combined total is over 12.5%....which makes Mesoblast the second most shorted stock on the ASX, by my calculation . The last 48 hours may well have resulted in a massive exercise to stop the share price running so maybe it has risen above 15%?
    It may sometimes appear as though the shorters are always in control , but at these sort of percentages the stock lend starts to get pretty tricky...one big institutional buyer pops his head up and a massive bear squeeze can ensue.
    The shorters no doubt are praying for as bad CLBP readout...otherwise they are in deep doo doo !


    US Share Statistics MESO source Yahoo Finance

    Avg Vol (3 month)3521.72k
    1Avg Vol (10 day)3320.56k
    2Shares Outstanding5117.52M
    3Float93.7M
    4% Held by Insiders10.00%
    5% Held by Institutions12.87%
    6Shares Short (Dec 14, 2020)43.11M
    7Short Ratio (Dec 14, 2020)45.99
    8Short % of Float (Dec 14, 2020)4N/A
    9Short % of Shares Outstanding (Dec 14, 2020)42.65%
    10Shares Short (prior month Nov 12, 2020)43.28M


    The regular postings of passers by......talking complete garbage is just a further sign that the shorters are nervous. They cant afford to let the price rip...and with a dual listing I suspect that converting Aussie stock to ADS with J P Morgan could be tricky to effect delivery. I remember last time the US price spiked like today I was offered 17% to lend my physical stock. I refused but they just managed to cover themselves in time.
 
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Last
$1.49
Change
0.140(10.4%)
Mkt cap ! $1.701B
Open High Low Value Volume
$1.37 $1.54 $1.37 $23.10M 15.82M

Buyers (Bids)

No. Vol. Price($)
3 24758 $1.49
 

Sellers (Offers)

Price($) Vol. No.
$1.49 73626 3
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
MSB (ASX) Chart
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