How good is the short squeeze.. +5% today and hopefully costing some of those institutions/hedge funds a pretty penny along the way to unwind their shorts.
When ING was shorted at $4.50, I understood shorting it... but when the drought eased, input / feed prices dropped, their plants were no longer shut down because of Covid-19, and the stock price was floundering at $3.. to still have those huge amounts of shorts was a bit ridiculous.
This aint a short squeeze, but having them run for cover and unwinding to let the shareprice go back to fair levels is nice to see.
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Last
$2.67 |
Change
-0.020(0.74%) |
Mkt cap ! $992.3M | |||
| Open | High | Low | Value | Volume |
| $2.70 | $2.73 | $2.67 | $8.866M | 3.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 217975 | $2.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.70 | 28834 | 2 |
View Market Depth
| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| ING (ASX) Chart |