55 million approx share as short positions, so a savvy shorter sold the borrowed stock around 2.90-3.00 price point, so now shorters are the net buyers...who's doing the selling to them...panicked investors, triggered stop loses...MUFC a large borrowed position sold down Nov 2019....time for the return. So hands up sellers. you are feeding the shorts.
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- Ann: FY20 Market Update and Revised Guidance
Ann: FY20 Market Update and Revised Guidance, page-90
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