Can someone explain how shorts magically push down the share price, they need to buy (lend) the shares like everyone else so technically rising shorts should push up the price. There seems to be this belief that short buying is the inverse of going long on a SP.I will agree that short interest is always a concern as they tend to be the more informed of the investing market.
Can someone explain how shorts magically push down the share...
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Last
8.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $161.8M | |||
| Open | High | Low | Value | Volume |
| 8.1¢ | 8.2¢ | 8.0¢ | $104.8K | 1.309M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 166577 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.1¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
8.1¢ |
Change
0.000 ( 1.25 %) |
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| Open | High | Low | Volume | ||
| 8.0¢ | 8.1¢ | 8.0¢ | 135749 | ||
| Last updated 12.21pm 03/05/2024 ? | |||||
| IPD (ASX) Chart |