Yeah the short squeeze is looking likely. I think the short covering may be happening today and will potentially continue through to the 31st.
A lot of institutions would be likely cementing profits for the year end. Great potential trade here with a good outlook. If Myer ended up having a better than expected Christmas period, this stock will likely pop.
Christmas retail sales hit record numbers, peak body says; average $2,500 each spent, page-3
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 (20min delay)
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Last
64.5¢ |
Change
-0.005(0.77%) |
Mkt cap ! $1.114B | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 65.0¢ | 63.5¢ | $1.430M | 2.227M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 130195 | 63.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 93089 | 4 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| MYR (ASX) Chart |