just looking at Bloomberg and it shows just under 2% of the free float is short. That's 1.7mio shares.
Looking at the bid offer out there today it's clear these shorts do not want this stock popping and thus forcing them to cover.
Someone keeps offering 10k parcels just above the offered price.
This stock could pop if they are forced to cover.
Love it!!!
Short covering in MFG coming?
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Last
$9.49 |
Change
-0.060(0.63%) |
Mkt cap ! $1.715B | |||
| Open | High | Low | Value | Volume |
| $9.63 | $9.70 | $9.41 | $5.620M | 590.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 870 | $9.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.49 | 2823 | 2 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |