Still 14% short as per article on motley fool today...
Primary Health Care Limited (ASX: PRY)
Shares of Primary Health Care continue to rebound with another gain of nearly 5% today. The shares have now surged more than 76% since hitting a 52-week low of $2.06 back in early December 2015. It is difficult to point out just one reason behind the massive rebound but it appears investors may believe the worst is finally behind the company after proposed government budget cuts impacted on referrals for pathology and diagnostic imaging services. Investors are now looking to the second half where management is expecting a materially stronger performance. Investors should note however, that Primary Health Care remains one of the most shorted stocks on the ASX, with nearly 14% of its issued stock now short sold.
Technicals still strong buy!!!
http://www.barchart.com/quotes/stocks/PRY.AX
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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12 | 799 | $1.46 |
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Price($) | Vol. | No. |
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View Market Depth
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10 | 2463 | 1.460 |
13 | 32648 | 1.455 |
13 | 69971 | 1.450 |
7 | 166210 | 1.445 |
4 | 9246 | 1.440 |
Price($) | Vol. | No. |
---|---|---|
1.465 | 24174 | 40 |
1.470 | 35723 | 22 |
1.475 | 20331 | 13 |
1.480 | 44077 | 13 |
1.485 | 20355 | 12 |
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