That is very interesting...! One would normally conclude that the shorters would see too much upside and therefore too much risk to continue shorting the stock, or perhaps it is a tipping point in the liquidity in the stock, as it the average traded shares per day has nearly dropped by 2/3 in the last few months?
All speculation, but in my mind, such a dramatic reduction in shorting activity is actually a good sign for the prospects of teh company. time will tell and fingers crossed.
GLTA, IMO
2024 BrainChip Discussion, page-7658
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $380.9K | 2.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1104665 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 478969 | 12 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |