Well the overall % of stock held in a short position is dropping each day and had been pretty much since the first trading day of 2023.
It seems to me the shorts are (so far) pulling off the "impossible" and closing out their positions in an orderly manner, letting the price creep up 0.5 to 1c per day... how long they can keep it this orderly?
Who knows, some people are suggesting once 30c is broken all bets are off, but we shall see I guess.
Either way, the trend is up, which is nice when you are a holder.
I'm no expert though, this is just what I can see from the data that we have.
Well the overall % of stock held in a short position is dropping...
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $277.9M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.9¢ | 2.7¢ | $356.1K | 12.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 9454443 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 364285 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SYA (ASX) Chart |