I'm probably completely wrong here but the shorting is perhaps just a reflection of the current market.
Given there's few rules enforced for the big players. They have to make money. The incentive to short is huge in current conditions.
Seeing it with many stocks.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.22 |
Change
0.015(1.24%) |
Mkt cap ! $842.8M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.22 | $1.19 | $2.606M | 2.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 37701 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 102533 | 4 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| PNV (ASX) Chart |