CUV 0.13% $14.95 clinuvel pharmaceuticals limited

short interest rising due to ext of time perhaps?, page-3

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    Why would it go down like a lead balloon? Over the last month, the short positions have increased from 0.74% (June 11) to 2.43% (July 9) of issued shares while the SP has been pretty much flatline over that time with even a small spike mid June - that is pretty good news as the shorting has done little with willing buyers on hand and not much panic selling and those shorters will have to buy back in - all 1.2 M shares. Here's the 1-month chart with short positions in blue and the SP in grey.

    https://hotcopper.com.au/data/attachments/1639/1639747-2be660c772512097ed23075c52eed528.jpg
 
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