LYC is the most traded stock in the top 100. Short term trades are usually made with borrowwed money for those who long and borrowed shares for those who short.
So you we'll have what we call price movements that are caused by the closing out of positions ie short covering or forced selling.
Todays is definately a day of short covering.
LYC is the most traded stock in the top 100. Short term trades...
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |