If the sell side really dries up (which it may as people figure it is in a upward swing) then yes I think the shorters will have hard time exiting without tripping over themselves and making a mess.
In that last report we had virtually no prawn sales, wait to the 4k tonnes of sales hits the the books, I hope they are sweating.
Maybe another big fund/intso could come in with lots of buy side pressure to drive them out and squeeze the shorts. They could profit from that quite handsomely in a short term trade
I know 13% shorted isn't huge, but I think it still represents 20+ days to unwind that based on current trading. If people catch on that this thing moving up then there will be even less sellers and longer even more pressure on the shorters exit price.
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