So you understand what shorting is right? (In case you don't it's people borrowing stocks to sell and then rebuying them at lower prices to pay off their stock debt - E.G. if you think Flexi is going to $2 you short it now and rebuy at $2 and make 33c a share).
So typically less shorts means less negative sentiment. However if there are large numbers of shorts it means the Share price could go on a run as shorts are forced to buy to avoid losses
If you have any more questions (I know this is brief) please post them.
In Play, page-82
Add HUM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
70.0¢ |
Change
-0.010(1.41%) |
Mkt cap ! $343.9M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 71.0¢ | 66.5¢ | $1.881M | 2.713M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14000 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 105490 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| HUM (ASX) Chart |