I know everyone complains a lot about the high level of short selling in CUV as well as some other companies. However, are you sure that those that take out a short do not have a long position in actual shares? I can think of how there could be significant tax advantages for someone who, sitting on a substantial gain ie. 500 - 1,000 % and who wanted to reduce their exposure to that stock might find it advantageous, from a tax point of view, to reduce their exposure by taking out a short on a separate account rather than sell the original shares and realize the large gain. Just thought I would throw in this thought.
Regards
SP
I know everyone complains a lot about the high level of short...
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Last
$14.57 |
Change
-0.420(2.80%) |
Mkt cap ! $730.3M | |||
| Open | High | Low | Value | Volume |
| $15.02 | $15.20 | $14.56 | $799.8K | 54.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 304 | $14.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.63 | 1 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$14.61 |
Change
-0.420 ( 3.01 %) |
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| Open | High | Low | Volume | ||
| $14.78 | $14.85 | $14.57 | 4835 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| CUV (ASX) Chart |