Net shorts reduced 650k to 3.8m last Thursday, lowest level...

Net shorts reduced 650k to 3.8m last Thursday, lowest level since 3 June 2016.

It's coincidence with few institutions started buying back named ITG, CLSA, Goldman Sachs:
During last Wednesday to last Friday:
CLSA - bought 525k @48.59c
ITG - bought 399k @ 49.4c
Deutsche - bought net 305k @52.7c
Goldman Sachs 243k @48.9c

Citi was still selling.

Also, there was one block sale of 2.5m @48c this Monday. Might be someone bought from BoA.

http://www.shortman.com.au/stock?q=1pg

http://asic.gov.au/Reports/YTD/2016/RR20160714-001-SSDailyYTD.csv