NVX 2.96% 82.0¢ novonix limited

Media Watch - NVX related, page-7985

  1. 31 Posts.
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    By 21 Sep (the day before the Fed's most recent rate rise), the cumulative amount of short positions was at 5.22%. From 21 Sep to 26 Oct, the sum of each day's new short positions was 4.07%, but the cumulative amount of shorts during this period had decreased from 5.22% to 4.49%. it shows that among the "old" short positions, the amount of 4.80% had possibly been closed. The remaining "old" short positions might just be 0.42%.From 21 Sep to 18 Oct (the day before trading halt), the sum of each day's new shorts is 2.63%, which is the sum of shorts shorting below $2.15.During 20-21 Oct, the sum of each day's new shorts is 0.75%, which is the sum of shorts shorting below $2.68. This is to say that among the existing 4.49% shorts (by 26 Oct), 3.38% shorts are those shorting below $2.68. Those short positions are not a threat to long positions at all. New short positions have been obviously reduced during the past 3 days (27-31 Oct before the Cup Day's rate rise expectation), with each day's new short position being only 0.11%, 0.08% and 0.06%. Any good news (or even a rumor) is likely to force shorters to close their short positions.


 
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