All these record number of short sales does add fuel to the fire for any price rallies.
There is no price rally like a short fuelled rally. All short sellers are on margin and when the price rises, if they have to buy to cover because they have no more margin, well, they have to buy.
All these record number of short sales does add fuel to the fire...
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Last
$4.06 |
Change
-0.090(2.17%) |
Mkt cap ! $12.21B | |||
| Open | High | Low | Value | Volume |
| $4.14 | $4.15 | $4.06 | $86.50M | 21.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 644647 | $4.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.06 | 34457 | 1 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$4.07 |
Change
-0.090 ( 2.15 %) |
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| Open | High | Low | Volume | ||
| $4.15 | $4.15 | $4.06 | 4616488 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| PLS (ASX) Chart |