04.03.2013
http://www.thebull.com.au/premium/a/26582-top-10-shorted-stocks.html
The bad news - Lynas is still on that list
The good news - Lynas is the bottom of that list
The better news - Take a look at the charts on that link... many of them are having their SP rise sharply over the last 3 to 6 months.
Lynas is one of the minority who have trended down.
So.. if short selling is an indicator... I would ask... looking @ these top 10... what, exactly is it indicating, and why ? weakness ? some of those charts do not look weak at all..
Company Code % Shorts
JB HI-FI JBH 19.34
FAIRFAX FXJ 16.70
ILUKA ILU 14.07
MYER MYR 13.98
PALADIN PDN 13.26
DAVID JONES DJS 11.69
METCASH MTS 11.22
FLIGHT CENTRE FLT 10.80
HARVEY NORMAN HVN 10.00
LYNAS LYC 9.59
10 most shorted stocks on asx
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Last
$6.41 |
Change
0.040(0.63%) |
Mkt cap ! $5.991B | |||
| Open | High | Low | Value | Volume |
| $6.45 | $6.49 | $6.40 | $13.34M | 2.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13384 | $6.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.42 | 13471 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |