Agreed, this is something you see all of the time in the small/midcap sector with UBS as prime broker for shorts. I think many investment managers look at IOOF as the ideal short due to its market leverage, as pointed out by @Transversal. Normally, in my experience, this type of move is short term in nature and UBS often disappears off the register after a few weeks or months.
Ann: Investor presentation - IOOF FY 2018 results, page-59
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Last
$2.74 |
Change
0.045(1.67%) |
Mkt cap ! $1.824B | |||
| Open | High | Low | Value | Volume |
| $2.67 | $2.74 | $2.66 | $1.096M | 404.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 10201 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.74 | 21163 | 22 |
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| Last trade - 15.01pm 07/10/2024 (20 minute delay) ? |
| IFL (ASX) Chart |