Hi Pezz!!
I wouldn't rely on ASIC Short Reports for the current level of shorting. They could best be described as unreliable.
You will find better information here:
https://www2.asx.com.au/participants/participants-resource/securities-lending-disclosure
As at 22 March 19,360,000 shares had been borrowed for shorting. On 18 March only 2,500,000 shares had been borrowed: a substantial increase over the three days. Those figures line up with the ASX Daily Short Sales Reports.
It's possible that several brokers have made shares available to shorters but there is only one broker with enough shares to do it alone.
That would be JP Morgan.
I can't believe it was an impromptu thing: more likely planned in advance with the broker working with the shorters.
And it's probably not over yet either.
It's not hard to see why brokers keep failing the ethics test.
Cheers
ADN CHART, page-4476
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