Shorts were going nuts. Net short position as at 6 May is 4.9% of issued capital, or 168,474,690 shares short-sold.I guess somehow they need to buy back what they sold and who's going to give them the shares given SP is at record low? Besides, the company is competing with them via a $200 million share buy-back program. I am seeing a short squeeze very very soon.
https://www.shortman.com.au/stock?q=amp
Daily Gross Short Sales reported for 12-May-2021, ASX Limited (ASX) & Chi-X Australia (CHI-X)Gross short (a) Daily volume (b) (a)/(b)
AMP AMP LIMITED FPO 14,163,749 32,998,962 42.93% short-sold
Ann: Appendix 3E - Daily share buy back notice 03, page-7
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Last
$1.10 |
Change
-0.010(0.90%) |
Mkt cap ! $2.982B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.11 | $1.09 | $11.85M | 10.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14461 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 56962 | 2 |
View Market Depth
| Last trade - 15.59pm 30/04/2024 (20 minute delay) ? |
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Last
$1.10 |
Change
-0.010 ( 1.38 %) |
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| Open | High | Low | Volume | ||
| $1.11 | $1.11 | $1.09 | 1434950 | ||
| Last updated 15.59pm 30/04/2024 ? | |||||
| AMP (ASX) Chart |