Yeah the shorts are really helping to drive the share price lower.
There are roughly 105m shares being sold short out of the 580m shares on offer (18%ish).
Currently, Myer's average daily volume of shares traded is around 400k. So in order for all the shorters to cover their position, it could take over 25 days.
We could see a month of gains squeezing the shorters out.
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Last
60.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.045B | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.5¢ | 60.0¢ | $3.023M | 5.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 99516 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 1960 | 1 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| MYR (ASX) Chart |