Thank you! I should also post this data below in the charting thread but since you mentioned Shorting:
Below is the graph for ShortSell Data, I have also attached a Daily chart showing the exact dates where SHORTING and COVERING took place
And here is how that data correlates with the share price of SYR
1st Green circle is that sharp drop in shortsellers as they were all covering.
1st RED Circle on 18th September is when heavy shorting took place and went parabolic all the way to the 2nd red circle, being the SYR top on 23rd Nov. Also visible on the shortsell data.
AFTER THIS, prices bounced off a dip to retest resistance. This zone in the yellow box was shortsellers COVERING their position
THEN we have the 1st to 7th December shorted big, as per shortsell data we can see a small spike there in December before it went flatline, and then Shortsellers peaked again from 2nd Jan til current.
AT CURRENT LEVELS, there's now 110.5M shares SHORT
Prices are near a low, and shortseller numbers when SYR was AT THE TOP was 126M shares short... This is scary for a shortseller...I do not want to hold such a large amount near these levels as covering could push prices back towards 62.5c or so
To be fair, last time they started shorting heavy was when prices were at those 42c lows....pushing it as high as 95c!! Now with 110.5M< shares once again at these 40c zones, my money is to bet on the repeated pattern here hence my LONG BIAS
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SYR
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Last
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $270.9M |
Open | High | Low | Value | Volume |
25.5¢ | 27.3¢ | 25.5¢ | $634.3K | 2.391M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 379430 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.5¢ | 40672 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 370438 | 0.260 |
8 | 196397 | 0.255 |
13 | 317191 | 0.250 |
13 | 503263 | 0.245 |
20 | 837402 | 0.240 |
Price($) | Vol. | No. |
---|---|---|
0.265 | 838 | 1 |
0.270 | 102573 | 1 |
0.275 | 456506 | 8 |
0.280 | 167739 | 5 |
0.285 | 418600 | 6 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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