If the figures are correct, then ZIPs average daily trade for the past 12 months of 16.725 and current shorts (40) gives days to cover of 2.2 and justifies ZIPs position as the 85th most shorted on the ASX. Suggests a whole bunch of hedgers are doing their normal thing. It is hard to see a short squeeze but it sounds like a good story
ZIP Price at posting:
$2.28 Sentiment: Sell Disclosure: Not Held
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