Anyone know exactly what these sharp closing and re-opening of 150m shorts are? First is Dec 21-Dec 22, Current one is Feb 21 and assuming they re-opened them on Feb 22, will have to wait and see tomorrow. Seems like they are short contracts which must be closed within a certain time period or something cyclical?
Also check the volume on the chart for both days there is no volume to accommodate 150m shorts, so at a minimum 150m of the shorts are being traded off-market meaning no effect on SP, chances are there's more than 150m of the total traded off-market unfortunately. Unless these sharp movements are something else entirely
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3.2¢ |
Change
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Mkt cap ! $329.3M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.2¢ | $856.6K | 25.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 7385050 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 743714 | 3 |
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