First i totally agree with you that shorts are not causing any of stock slide. Those who think so are not looking at numbers and thinking.
That said as of APR 3 the last day we have info for there were 20.47M shares shorted Divide 933.8 M shares outstanding = 2.19% Not .08%
This is not enough to effect SP at all especially since in the last month We have not gone above 2.34% or below 2.00%.Absolutely no way this could ever cause a short squeezy it takes close to 10 % shorted to even think about a squeeze.
Ann: Becoming a substantial holder, page-17
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Last
$6.95 |
Change
-0.115(1.63%) |
Mkt cap ! $6.486B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $6.97 | $6.91 | $2.606M | 375.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 10597 | $6.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.95 | 9732 | 18 |
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| Last trade - 10.57am 02/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |