It will be interesting to see the shortman chart update for the days following the Half Year results presentation
Looks interesting.
Wednesday: 2,073,107 shorts
Overall Short Positions increased from 34,104,000 to 34,192,000 meaning a net increase of 88,000 shorts, indicating a circa 2,000,000 short positions were closed right?
Likely the shorts/ Total shares will increase above the 10% mark as Friday and yesterday do not look great.
Albeit, any good news could see these guys wiped out.
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