NVX 4.41% 71.0¢ novonix limited

NVX Fundamental Analysis - a multi MULTI bagger, page-101

  1. 484 Posts.
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    I reckon the shorts are still working overtime to short NVX.

    Looking at the ASX's short data - refer to: https://www.asx.com.au/data/shortsell.txt


    Daily VolumeDaily Gross ShortIssued Capital DGS % of daily volume
    115 Nov 22327716247048348667990414.36
    216 Nov 22369674044552448667990412.05
    317 Nov 22291214831312648667990410.75
    418 Nov 22162750929710848667990418.26

    In any given day in the last few days, more than 10% of the daily volumes are done by shorters!

    Most notably on 18 Nov 2022 (last Friday), 18.26% of the volume are done by shorters!

    This is crazy - almost 1 in 5 of the transactions are shorted!

    I wonder what would happen if there is a shift in sentiment (either by sudden announcement, or a strong leads from overseas) which would prompt or force the shorts to cover...

    Good luck to all!
    Last edited by thecsguy: 21/11/22
 
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