So you understand what shorting is right? (In case you don't it's people borrowing stocks to sell and then rebuying them at lower prices to pay off their stock debt - E.G. if you think Flexi is going to $2 you short it now and rebuy at $2 and make 33c a share).
So typically less shorts means less negative sentiment. However if there are large numbers of shorts it means the Share price could go on a run as shorts are forced to buy to avoid losses
If you have any more questions (I know this is brief) please post them.
So you understand what shorting is right? (In case you don't...
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Last
85.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $417.9M | |||
| Open | High | Low | Value | Volume |
| 84.5¢ | 86.0¢ | 84.5¢ | $65.78K | 77.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 4680 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 8650 | 6 |
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| Last trade - 10.26am 10/10/2024 (20 minute delay) ? |
| HUM (ASX) Chart |