As you say we will only know if Shorts were covered in a few days time, but up until 3 days ago the Short position was being aggressively increasing those last few days of reporting.
In my rough guide i estimate around 6.57 million shorts were set between $1.50 - $2.00, with an estimated average price of $1.64. At today's closing price of $2.29 that would equate to a paper loss of $4.2 million unless covered during today (not including cost of borrowing) - but presumably some of those Shorts are just part of a much larger position that may include Shorts with a price up to about $8. Regardless I'm sure whoever is Short currently would be thinking more about closing out now!
The fact that there was 21 million Shorts in place 3 days ago suggests there's still a lot more unwinding to do
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CU6
clarity pharmaceuticals ltd
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$2.01

CU6 - ASX Charts, page-2081
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Last
$2.01 |
Change
-0.070(3.37%) |
Mkt cap ! $645.9M |
Open | High | Low | Value | Volume |
$2.06 | $2.06 | $1.97 | $4.379M | 2.177M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | $2.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.03 | 1387 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 2.000 |
1 | 8972 | 1.995 |
4 | 12160 | 1.990 |
3 | 15572 | 1.985 |
7 | 79572 | 1.980 |
Price($) | Vol. | No. |
---|---|---|
2.030 | 1387 | 1 |
2.040 | 22975 | 4 |
2.050 | 51962 | 4 |
2.060 | 15855 | 3 |
2.070 | 4700 | 1 |
Last trade - 16.11pm 23/06/2025 (20 minute delay) ? |
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CU6 (ASX) Chart |