Courtesy of http://www.buysellsignals.com/10212753
Page 5) Short Selling Trend Code: DTE Short Volume: 2,465,833 Avg. Daily Volume: 4,107,045
Days to Cover (Short Volume/Avg. Daily Volume): 0.5 days Short Sell (percent of issued shares): 0.3% Bearish Indicators: In the Australian Short Selling market of 425 stocks, short selling as a % of issued shares ranked 4th and within the top quartile of stocks. This means it was higher than market average of 0.05%, a bearish indicator. The current short volume is 4.2 times its own historical average of 0.1%. It soared 61.6% from the previous day, a bearish indicator.
Agreed short term could be choppy, Long term however Multibag Potential IMO. Got my order in the stack.
good Luck to all.....
DTE Price at posting:
19.9¢ Sentiment: LT Buy Disclosure: Not Held