Shorts have been constant @ approx. 3.5% of MC since early May according to Shortman & they appear to be in the money!?
Now today, the World appears to be thinking Fossil Fuels will be around & EV's aren't going to run as hard as perhaps the World needs them to? It appears AGY are in good company today with Lithium stocks, many on the nose - today looks as if the Chook has just been on the chopping block - all appears speculation to me!, is it just one of those days to do some shopping?
At some point, the shorts will pack their bags & move on - we just need the EV revolution to move forward & highlight the demand : supply situation over the next 3-5 years I expect!?
AGY Price at posting:
35.5¢ Sentiment: Hold Disclosure: Held
