More shorters betting the price will decrease during periods when the price has actually increased.
When they short a stock, if the price doesn't decrease to their shorted price, and only increases, they'll have to pay for the original outlay and then also buy the stock back at the higher price to give back to the broker. Basically a double whammy.
More shorters betting the price will decrease during periods...
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Last
$1.61 |
Change
-0.045(2.73%) |
Mkt cap ! $273.5M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.66 | $1.61 | $159.4K | 98.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5684 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| RAC (ASX) Chart |