Not calling a squeeze, but I I'm thinking the recent shorting has had an impact.
Since the 22nd/ Feb there has been an increase in 259,000 shorts to 390,000, so I disagree that those shorters can easily buy the stocks back, they'll take a big hit if we can get the price back over $11.
Current depth:
So a bit of good news will spike the share price and hopefully the shorters will close their position.... quickly!
Price Vs Shorts
Ann: Change of Director's Interest Notice - VM, page-16
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Last
$9.40 |
Change
-0.080(0.84%) |
Mkt cap ! $1.696B | |||
| Open | High | Low | Value | Volume |
| $9.49 | $9.57 | $9.36 | $4.412M | 468.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1378 | $9.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.42 | 1988 | 3 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| DDR (ASX) Chart |