I reckon the shorts are still working overtime to short NVX.
Looking at the ASX's short data - refer to: https://www.asx.com.au/data/shortsell.txt
Daily Volume Daily Gross Short Issued Capital DGS % of daily volume 1 15 Nov 22 3277162 470483 486679904 14.36 2 16 Nov 22 3696740 445524 486679904 12.05 3 17 Nov 22 2912148 313126 486679904 10.75 4 18 Nov 22 1627509 297108 486679904 18.26
In any given day in the last few days, more than 10% of the daily volumes are done by shorters!
Most notably on 18 Nov 2022 (last Friday), 18.26% of the volume are done by shorters!
This is crazy - almost 1 in 5 of the transactions are shorted!
I wonder what would happen if there is a shift in sentiment (either by sudden announcement, or a strong leads from overseas) which would prompt or force the shorts to cover...
Good luck to all!
NVX Fundamental Analysis - a multi MULTI bagger, page-101
Add NVX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
71.8¢ |
Change
-0.013(1.71%) |
Mkt cap ! $352.0M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 73.5¢ | 71.5¢ | $209.7K | 289.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 70851 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 41118 | 10 |
View Market Depth
| Last trade - 10.48am 04/06/2024 (20 minute delay) ? |
|
|||||
|
Last
71.0¢ |
Change
-0.013 ( 2.08 %) |
||||
| Open | High | Low | Volume | ||
| 72.5¢ | 72.5¢ | 71.0¢ | 68604 | ||
| Last updated 11.08am 04/06/2024 ? | |||||
| NVX (ASX) Chart |