PNV 6.62% $2.54 polynovo limited

Short Activity in PNV, page-5727

  1. 371 Posts.
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    Kick
    If 309,473 shorts were bought back and the total shorts reduced by 54,825 then there must be another
    309,473-54,825 = 254,648 news shorts sold on the day.
    These 254,684 new shorts could be interpreted as new players who see value in shorting it given it doesn'take sense for an entity to both buy and sell on the one day unless there was a significant change in the share price.

    Do you agree with the logic behind that calculation?
    Put another way
    Shorts bought back - new shorts = gross aggregate change in shorts

 
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