According to Shortman, some of our Shorting friends may be trying it on again - there are a shade over 100 million shorts outstanding, which is the lowest in 12 months. But some organisations are opening up short positions, probably thinking that the current price is a shade high and results next week won't be as stellar as we might have hoped.
I don't think the shorts will ever fully leave this share now that there is a huge amount of liquidity around it - just not sure how it plays out - so for me MYX is back to fundamentals other than market timing.
According to Shortman, some of our Shorting friends may be...
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Last
$3.97 |
Change
-0.040(1.00%) |
Mkt cap ! $337.7M | |||
| Open | High | Low | Value | Volume |
| $4.02 | $4.04 | $3.94 | $340.6K | 85.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60 | $3.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.99 | 5449 | 2 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| MYX (ASX) Chart |