The open shorts on Shortman have been pretty steady at around 4% (57M) since 21st Feb....and the daily gross shorts opened have averaged well less than 500k per day (gross)...decreasing over the last 3 days reported to 336k, 318k and only 270k opened yesterday - the lowest daily gross short number opened in quite some time.
Now have a think about what the Lithium Spot Price and Lithium Carbonate Futures have been doing over the same period. The Shortman data to be released next week will also be interesting.
LKE Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
