I think you might be right.
the number short (Oct 9) seems to have dropped off a cliff
About .49% of the stock
Plus the number of sales that were short on 12/10 when the stock dropped 5% was only 22%. up til now that number has been in about 30% for the day.
Declining interest in shorting can only mean one thing - shorters may think that there is little money to made from a falling price as it has fallen as far as it can fall and maybe there is a danger that the stock price might actually go up for a change.
Ann: ResMed Announces Results for the Fourth Quarter of FY2023, page-355
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Last
$28.52 |
Change
0.090(0.32%) |
Mkt cap ! $18.07B | |||
| Open | High | Low | Value | Volume |
| $28.40 | $28.62 | $28.31 | $26.21M | 919.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1694 | $28.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.53 | 55 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RMD (ASX) Chart |