I’m not confused. Just trying to clear up misinformation.
Some are claiming the shorts have nearly halved from a high of 125M (19%) to now 10%. However the shorts are still around 110M….only a decrease of 12% from the Feb high…not nearly half. The reason 110M shows up as 10% total shorts on shortman is because total shares have increased from 675M in Feb to over 1B now, so as a % of total shares, the shorts appear to have halved but it’s really only a 12% decrease from previous high of 125M.
Basically some short covering perhaps but hardly the scramble to cover.
General Discussion, page-1462
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $274.2M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 26.5¢ | $966.4K | 3.568M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 548863 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 128000 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |