The shorts are increasing possibly due to the speculation that a report is coming soon - as it is tradition that Zip will dump on good news.
However, that's a lot of risk considering the next report coming would contain gangbuster figures from December transactions.
If Zip can prove itself to not be a pump and dump stock after announcement, we will see the shorters burn and some long term upward trend.
Fingers crossed for an undeniably good report for all SH
Big short squeeze, page-8
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 (20min delay)
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Last
$1.15 |
Change
-0.070(5.74%) |
Mkt cap ! $1.258B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.25 | $1.15 | $37.10M | 31.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 190540 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 7735 | 3 |
View Market Depth
| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.070 ( 3.72 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.25 | $1.16 | 5299742 | ||
| Last updated 15.59pm 25/04/2024 ? | |||||
| ZIP (ASX) Chart |