Day 2 of the squeeze.
https://stocktrack.com.au/asx/z1p/shorts
As per the latest ASIC data for Z1P (2 December 2021), Z1P is the 6th most shorted stock on the ASX by percentage of total shares issued.
I estimate that it will take today and tomorrow for the short squeeze to conclude. I know the above website says ~7 days to cover, but I think most shorts will unwind by Friday close this week.
Today and tomorrow the pressure will ramp up.
Just my $0.02
Daily Price Movement / General Discussion, page-40411
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Last
$2.07 |
Change
-0.200(8.81%) |
Mkt cap ! $2.680B | |||
| Open | High | Low | Value | Volume |
| $2.32 | $2.35 | $1.99 | $72.21M | 34.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 144935 | $2.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 90068 | 30 |
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| Last trade - 15.56pm 27/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |