Not even remotely close. The short positions reduced by 45,000 on the 12th which saw the price rice by 6% and 1.142m shares traded. Just for context, that reduction represented a 0.03% fall in the overall short position.
What is more likely happening is a flush out and retest of support
last laugh, page-3
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 (20min delay)
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Last
$3.90 |
Change
0.070(1.83%) |
Mkt cap ! $733.9M | |||
| Open | High | Low | Value | Volume |
| $3.79 | $3.93 | $3.72 | $2.475M | 647.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13104 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 4902 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| VUL (ASX) Chart |