FMG 1.86% $19.54 fortescue ltd

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  1. 3,690 Posts.
    Hi Skai.

    I calculate the Daily Short cover in excel. A simple example is if the Short Interest doesn't change then the daily shorts must have covered.

    It is highly possible you are correct about the 65M short interest and that goes along with what I have been saying that the big boys don't cover on market thus avoiding a short squeeze.

    Thus they sell on market pushing the share price down and then buy off market which is rather unfair.
 
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