Short interest in NAN is definitely back.
On the day before the half yearly results were announced, NAN was sitting at 97 on the most shorted stock list. On the day of the half yearly results announcement, NAN settled at 47 on that list as enthusiastic shorters "went to work". On Wednesday 3 March, NAN was sitting at 32 on the list.
Historically, shorters have been walloped quite severely trying to short NAN. If they can drive the price down to the low $5 range this time around, I think most long termers will just see that as a signal to accumulate a few more.
zeno9
Ann: 2021 Half Year Financial Results Investor Presentation, page-35
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Last
$2.95 |
Change
0.010(0.34%) |
Mkt cap ! $893.8M | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.98 | $2.90 | $2.565M | 870.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8321 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.96 | 1240 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| NAN (ASX) Chart |