I've never really understood the details on how shorts work. Are they all dated a certain date at which they 'mature', or do they just stay open forever until you 'sell' them?I'd have thought that at some point you'd say 'great, I've made a good profit now close them'.
If so, then surely about now would be a great time to close out your shorts.
Unless you think the price is going to go lower still. I note there were a few sell orders at ~$5 this morning.Either way the lower the price goes surely the less attractive it is to short and the total shorts should start going down, not up?
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Last
$17.55 |
Change
0.540(3.17%) |
Mkt cap ! $2.211B | |||
| Open | High | Low | Value | Volume |
| $17.48 | $18.44 | $17.40 | $16.43M | 922.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2624 | $17.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.70 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| NEU (ASX) Chart |