The a2 Milk Company Ltd (ASX: A2M) has 7 per cent of its shares shorted, although it has not historically been a target of short sellers due to its strong growth. Traders are probably betting against it on valuation grounds and as sales into China for consumer goods companies can be unpredictable.
https://www.********.au/2019/09/13/warning-these-5-shares-are-being-heavily-shorted-2/
Approx 10% up on NZE, lets see how the ASX and the short's stop-loss play out this morning....
The a2 Milk Company Ltd (ASX: A2M) has 7 per cent of its shares...
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Last
$6.59 |
Change
0.040(0.61%) |
Mkt cap ! $4.735B | |||
| Open | High | Low | Value | Volume |
| $6.57 | $6.68 | $6.53 | $4.115M | 641.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 6294 | $6.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.60 | 9748 | 8 |
View Market Depth
| Last trade - 10.28am 17/05/2024 (20 minute delay) ? |
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Last
$6.61 |
Change
0.040 ( 1.47 %) |
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| Open | High | Low | Volume | ||
| $6.57 | $6.66 | $6.53 | 116679 | ||
| Last updated 10.45am 17/05/2024 ? | |||||
| A2M (ASX) Chart |