Bearish Short Case - Stay Away If You Want Bullish News, page-344

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    28 Apr (Shortman Data In)

    Shorts Still Playing Chicken at 25.63% While BOE Rises
    Price is up, fundamentals strong—and yet short interest still sitting at 25.63%, barely down from last week.
    This is not typical short interest behavior. Normally you’d expect short covering to kick in once a stock breaks out and holds gains—but here, they’re doubling down into strength.

    What’s the endgame? If the price keeps climbing without letting them out, we’re setting up for a highly compressed snapback. BOE has:

    • Zero debt

    • Solid ramp-up progress at Honeymoon

    • Macro tailwinds with uranium tightening globally

    A clean break of $3.35–$3.40 could expose overextended short positions to margin pressure.

    No covering + rising price = tension building. Something has to give. Shorts are playing chicken—and the road’s narrowing.
 
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Last
$1.77
Change
0.065(3.81%)
Mkt cap ! $732.3M
Open High Low Value Volume
$1.73 $1.81 $1.72 $19.48M 11.01M

Buyers (Bids)

No. Vol. Price($)
7 6291 $1.77
 

Sellers (Offers)

Price($) Vol. No.
$1.78 9267 7
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Last trade - 14.54pm 07/08/2025 (20 minute delay) ?
BOE (ASX) Chart
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