kenng' : agree with your insights into shorting and MFG in particular.
I use MorningStar Premium for judging 'fair value', 'over-sold' & 'over-bought' stocks and from experience appreciate their analysis. Below is a pictorial view of MFG but there is (of course) numerical detail to back-up this summary. As you have noted, the stock is 'oversold' (shorted) and way below 'fair-value'.
Not financial advice : please do your own DD
Ann: Funds Under Management - December 2021, page-57
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 (20min delay)
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Last
$8.19 |
Change
0.050(0.61%) |
Mkt cap ! $1.480B | |||
| Open | High | Low | Value | Volume |
| $8.12 | $8.19 | $7.99 | $5.601M | 691.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 709 | $8.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.21 | 4682 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$8.18 |
Change
0.050 ( 0.22 %) |
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| Open | High | Low | Volume | ||
| $8.14 | $8.18 | $8.00 | 101926 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| MFG (ASX) Chart |