„I agree that PLS is not in any threat - the current level of shorts has been in the 20-22% range for 9 months - which means that any new short position entered in this period has had a corresponding amount of covers. Hence the decline in SP this year is unlikely to have been influenced by any short trading during this period, though any new entrant to buy PLS might baulk when seeing the level of short interest.“
Unless they triggered stop loss orders or margin calls - which I suppose they did.
Also, very high short interest might turn out to be an excellent opportunity for new entrants to buy PLS.
„I agree that PLS is not in any threat - the current level of...
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Last
$2.69 |
Change
-0.100(3.58%) |
Mkt cap ! $8.100B | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.76 | $2.64 | $113.9M | 42.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 171620 | $2.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.69 | 87000 | 2 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |