You need to look at the daily percentage of shares shorted on shortman which is the last column . For instance, on some days the percentage of shares shorted from the total volume of sales could be as low as 8%, on other days such as Tuesday, it can be as high as 45%. If approximately half of all trades in a day are shorts, it is going to influence the daily share price much more than if only 8%.
This is a different percentage than the number of shares shorted out of all shares on issue.
ORE Price at posting:
$6.05 Sentiment: Hold Disclosure: Held
HotCopper & The Market Online will be live From the Floor at the Mining News Select Conference and we want to bring the voice of our online audience to the show with us.