I have been watching the short reports on the ASX website... on the 22nd, 24% of the days trading volume were 'reported' short sells.
Yesterday, 13.24% of the volume were 'reported' short sells (~600,000 shares).
So in the past two days, there have been almost 1,000,000 shares shorted.
With decent volume today, i'd suggest a lot of those positions would have been closed... if not however, if it turns and runs it will be a quick turnaround.
We'll see. I bought a little early on this sell off, but happy to accumulate more at these levels.
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