I think that is mainly because of two reasons:
* PLS is a solid profitable company, so some big shareholders feel confident to lend the shares for shorting; and
* PLS has a high degree of liquidity, so it is suitable for short-selling and non-short-selling trades.
PLS chart, page-22891
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 (20min delay)
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Last
$3.02 |
Change
0.040(1.34%) |
Mkt cap ! $9.092B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $3.03 | $2.93 | $51.27M | 17.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 8812 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.02 | 3200 | 1 |
View Market Depth
| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |