Hi @Dhm
That is correct and I did point that out. Shorts go two ways and these have to close out pretty quickly to be covered. They can’t be waiting for February announcement of half year report, it has to be in the next week or so. The latest data is from last week, so may be be part covered by now. The amount short is ten times typical daily trading volume.
The question is, is there information that is being missed that the public doesn’t know about?
I am not certain. It is a non-trivial amount.
Best of Luck
Lost
MFG in the BUY zone, page-691
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Last
$9.31 |
Change
0.210(2.31%) |
Mkt cap ! $1.682B | |||
| Open | High | Low | Value | Volume |
| $9.31 | $9.41 | $9.23 | $4.492M | 481.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1861 | $9.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.33 | 741 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MFG (ASX) Chart |