I’m not a shorter but if a 1/3 of short positions closed their position doesn’t it mean that they bought last Monday rather than sold ? To close a short position I believe you have to buy. When you start a short position you “borrow” shares and sell them only to buy them back when you close your position. The aim for shorters is to buy back shares at a lower price to what they sold the borrowed shares. That’s my understanding anyway.
GLTAHs
I’m not a shorter but if a 1/3 of short positions closed their...
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Last
$2.20 |
Change
-0.030(1.35%) |
Mkt cap ! $567.7M | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.25 | $2.18 | $769.4K | 346.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 45788 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 10984 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DVP (ASX) Chart |