Not even remotely close. The short positions reduced by 45,000 on the 12th which saw the price rice by 6% and 1.142m shares traded. Just for context, that reduction represented a 0.03% fall in the overall short position.
What is more likely happening is a flush out and retest of support
last laugh, page-3
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 (20min delay)
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Last
$3.87 |
Change
0.050(1.31%) |
Mkt cap ! $724.5M | |||
| Open | High | Low | Value | Volume |
| $3.90 | $3.90 | $3.84 | $291.3K | 75.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2809 | $3.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 12938 | 4 |
View Market Depth
| Last trade - 12.37pm 28/08/2024 (20 minute delay) ? |
| VUL (ASX) Chart |