Bloomberg calculates the days required to cover the outstanding shorts position based average daily trading volume is around 21 days. That is very high..even a modestly positive day/announcement can have an exaggerated upwards movement in share price.
DYOR
Credit Suisse upgraded KMD to outperform, page-2
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 (20min delay)
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Last
40.0¢ |
Change
0.005(1.27%) |
Mkt cap ! $284.6M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 40.0¢ | $24.03K | 60.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 23398 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 25600 | 3 |
View Market Depth
| Last trade - 10.54am 08/11/2024 (20 minute delay) ? |
| KMD (ASX) Chart |