Here's some good news on a crappy day like today. Shorts continue to keep dropping.
Aggregate shorts for the 29th which was the 2nd day the share price fell after that 4-day India rally from $6.06 to $7.20s.
The share price had closed $7.12 the previous day (28th) and we tanked on the 29th to $6.70ish for the lows of that day. I was thinking even more shorts would be reloaded on that day but no, the total shorts actually reduced by 600K.
I know on a day like today it may not seem like much good but the shorts have been reducing for 8 trading days straight. Hopefully in tomorrow's update for the 30th we'll be under 50M. The 30th is the day of the Microsoft announcement so tomorrow's update will be particularly interesting
So we're getting some good news but a bit late to help the share price... thanks to a stinking tech sell-off in the US to ruin itLatest Reported Shorts (Aggregate)
DATE REPORTED SHORT ISSUED SHARES % SHORT DAILY RANK 1 29 September 2021 50,411,167 562,135,498 8.9678% 4th 2 28 September 2021 51,015,327 562,135,498 9.0753% 4th
Daily Price Movement / General Discussion, page-31752
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Last
$1.80 |
Change
0.105(6.19%) |
Mkt cap ! $2.278B | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.86 | $1.72 | $46.47M | 25.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 74441 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 4258 | 2 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |