Short selling makes up 10% of all trades on FLT, someone's making money otherwise there wouldn't be this amount of volume. Last time I checked, it was the number 1 shorted stock on the ASX. Google shortman.com.au for more details.
Notwithstanding the above, I'm still reasonably bullish on FLT because I believe the SP momentum, once borders and international routes open up, will be difficult to stop. Lots and lots of people with cash to travel inside Aus but mostly o/s. Of course DYOR.
All IMHO.
Mr B
FLT Shorters, page-3
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Last
$21.82 |
Change
-0.100(0.46%) |
Mkt cap ! $4.881B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.11 | $21.81 | $5.892M | 267.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 387 | $21.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.83 | 361 | 6 |
View Market Depth
| Last trade - 14.34pm 10/10/2024 (20 minute delay) ? |
| FLT (ASX) Chart |