UNS 0.00% 0.5¢ unilife corporation

33.78% charge to short unis

  1. 10,259 Posts.
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    $UNIS - Shorting No longer
    After doing some research on the current short situation it would look like the tide is about to change with regard to trading in Unilife ($UNIS) shares. Current borrowing rates are now 4 times higher than they were six months ago. Standing at 33 7/8% makes shorting $UNIS the traditional way cost prohibitive. We'll see if naked shorts start coming into the market. There has to be some fear in these guys. Major buyers continue to move into the stock. One fund recently purchased 1.5 million shares and was looking for another 500,000+ as of this week. Watching how tightly controlled the trading action has been so far this week, the shorts might start feeling the pinch soon. Any positive news will send this much higher and the shorts looking for cover.

    http://carpedmstocks.blogspot.com.au/2013/09/unis-shorting-no-longer.html
 
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Currently unlisted public company.

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