The bigger the stock, typically the easier it is to get borrow. It wouldn't be a question of how many shares are available to short, it's not shorted because it's profitable and growing (albeit much slower than we are).
Profitable really is the key, as the company goes from speculative to more conservative. We now have a larger variety of funds buying, who will buy up any weakness caused by shorters. IMO just like with CBA, shorters would be unwise to mess with this stock with the current fundamentals.
The bigger the stock, typically the easier it is to get borrow....
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Last
$2.56 |
Change
-0.050(1.92%) |
Mkt cap ! $1.819B | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.65 | $2.55 | $4.577M | 1.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21966 | $2.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.57 | 1899 | 1 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| PNV (ASX) Chart |