DVP 1.40% $2.17 develop global limited

Ann: Notice of Annual General Meeting/Proxy Form, page-37

  1. 329 Posts.
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    I’m not a shorter but if a 1/3 of short positions closed their position doesn’t it mean that they bought last Monday rather than sold ? To close a short position I believe you have to buy. When you start a short position you “borrow” shares and sell them only to buy them back when you close your position. The aim for shorters is to buy back shares at a lower price to what they sold the borrowed shares. That’s my understanding anyway.
    GLTAHs

 
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