With a short position of 5.7% and an average daily volume of 75,000 shares, I calculated it would take approximately 38 days to cover all short positions. This scenario presents a nice setup for a potential short squeeze, especially given the recent positive momentum, share buybacks, investor events, and upcoming news flow.
With a short position of 5.7% and an average daily volume of...
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Last
$14.72 |
Change
-0.100(0.67%) |
Mkt cap ! $737.1M | |||
| Open | High | Low | Value | Volume |
| $14.80 | $14.97 | $14.60 | $600.3K | 40.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 324 | $14.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.75 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| CUV (ASX) Chart |