Short interest in on the rise again, so that contributes to...

Short interest in on the rise again, so that contributes to negative pressure.

https://fintel.io/ss/au/svl

Short Sales (Official ASX Data)

This table shows the daily short sale activity as reported by the Australian Stock Exchange (ASX)

Update Frequency: Daily

	Date	Short Sales	Issued Capital (MM)	Percent Short
1	2023-03-22	106,451	1,404.02	0.00
2	2023-03-21	1,135,017	1,404.02	0.08
3	2023-03-20	1,190,973	1,404.02	0.08
4	2023-03-17	728,959	1,404.02	0.05
5	2023-03-16	525,600	1,404.02	0.03
6	2023-03-15	738,631	1,404.02	0.05
7	2023-03-14	2,113,049	1,404.02	0.15
8	2023-03-13	1,244,651	1,404.02	0.08
9	2023-03-10	412,921	1,404.02	0.02
10	2023-03-09	426,435	1,404.02	0.03
11	2023-03-08	925,279	1,404.02	0.06
12	2023-03-07	308,668	1,404.02	0.02
13	2023-03-06	471,665	1,404.02	0.03
14	2023-03-03	206,842	1,404.02	0.01
15	2023-03-02	251,866	1,404.02	0.01
16	2023-03-01	25,874	1,404.02	0.00
17	2023-02-28	245,677	1,404.02	0.01
18	2023-02-27	63,314	1,404.02	0.00
19	2023-02-24	538,589	1,404.02	0.03
20	2023-02-23	362,725	1,404.02	0.02

Short Interest - Official ASIC Data

Short Interest is the total number of open short positions of a security. AShort Squeezeis when a company with a high degree of short interest increases in price, which forces short sellers to "cover" their short interest by purchasing actual shares, which in turn drives the price up even further.

Update Frequency: Daily

	Market Date	Raw Short Interest (Shares)	Days to Cover	Float (MM Shares)	Non-Shorted Float (MM Shares)	Short Interest % Float
1	2023-03-17	15,461,691
2	2023-03-16	14,113,482
3	2023-03-15	13,692,959
4	2023-03-14	12,718,795
5	2023-03-13	11,677,532
6	2023-03-10	11,536,474
7	2023-03-09	11,378,167
8	2023-03-08	10,804,881
9	2023-03-07	11,421,957
10	2023-03-06	11,254,650
11	2023-03-03	11,688,987
12	2023-03-02	11,758,038
13	2023-03-01	12,081,808
14	2023-02-28	12,002,378
15	2023-02-27	12,458,798
16	2023-02-24	12,392,883
17	2023-02-23	12,170,948
18	2023-02-22	20,752,699
19	2023-02-21	20,608,401
20	2023-02-20	20,347,998

Let's hope they suffer a nasty squeeze on the 6th.