I thought shorts were covering. But,short interest is going up everyday. Three days ago, it went all the way down to 9.13. It looked like it might go all the way to 8.70 for double bottom. Luckily, it didn’t happen. In last three days, it’s a good recovery from 9.13 to 10.63.Some fund must be buying.If we get a good quarterly report, 13.45 can be achieved within a month. Some of that10 million short interest need to covered.Lockdown in Sydney & Melbourne might push the sales up by 25-30%. Everyone is bored, online shopping is therapy for some people.Hope for the best that greedy directors don’t sell any more shares.
https://stocktrack.com.au/asx/kgn/shorts
Day by day, short positions are going up
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 (20min delay)
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Last
$4.83 |
Change
0.090(1.90%) |
Mkt cap ! $486.3M | |||
| Open | High | Low | Value | Volume |
| $4.78 | $4.90 | $4.70 | $6.683M | 1.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2745 | $4.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.84 | 678 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.82 |
Change
0.090 ( 0.18 %) |
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| Open | High | Low | Volume | ||
| $4.82 | $4.90 | $4.70 | 180062 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| KGN (ASX) Chart |