Looks like there was a short covering event on the 3rd and 4th June.
Open short position:
2nd June: 4.02%
3rd June: 3.83%
4th June: 3.63%
Coincidentally (or perhaps not a coincidence) Operation Spiderweb started on the 1st June, so this event may have caused some shorters to close positions.
Between those dates we went from $1.28 to $1.60
Either way, this is the lowest % we’ve seen since the ATH of open short positions at just under 11% in Feb
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DRO Broker Data, page-65
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Last
$2.46 |
Change
-0.100(3.91%) |
Mkt cap ! $2.151B |
Open | High | Low | Value | Volume |
$2.51 | $2.60 | $2.42 | $54.23M | 21.75M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 97330 | $2.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.47 | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 97330 | 2.460 |
5 | 68953 | 2.450 |
10 | 280755 | 2.440 |
18 | 231958 | 2.430 |
18 | 43446 | 2.420 |
Price($) | Vol. | No. |
---|---|---|
2.470 | 25000 | 1 |
2.480 | 20005 | 4 |
2.490 | 29725 | 5 |
2.500 | 203492 | 18 |
2.510 | 32626 | 5 |
Last trade - 16.18pm 02/07/2025 (20 minute delay) ? |
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