This is an interesting graph to explain it a little better, yellow line is Short %, grey line is SP.
Its inversely related, we hit a low at $6.56 when short interest was at its highest at 11.84%.
As they've closed, the SP has gone higher
To sum it up, shorts are unfortunately well in control of Zip SP - the sooner they close out the better
Chart - Z1P, page-12704
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Last
$2.33 |
Change
-0.055(2.31%) |
Mkt cap ! $3.101B | |||
| Open | High | Low | Value | Volume |
| $2.34 | $2.49 | $2.32 | $33.09M | 13.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 278785 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 131957 | 27 |
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| Last trade - 12.49pm 29/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |