Shorts are still in the money though. If you look at the data, the first lot of real shorting was in June/July 2020 after it spiked to $1.20-$1.30 from $0.90 based on Rosewell and San Antonio drilling. About 2% of ALK shorted. This did not really move until early September 2020 when the short position from 2% to 3.5% by months end 4% soon after.The share price at the time was $1.40-$1.50 and got sold back down to $1.25. The next big move in shorts 4% to 5% and then to 5.8% occurred when the price fell from $1.40 to below $1.00. The move to over 6% occurred when the the price was below $1.00 the current short-covering would this lot, I figure. Therefore, 5.5% would be averaging well over $1.30 - so still in the money.
Cheers
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Shorts are still in the money though. If you look at the data,...
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Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $269.0M |
Open | High | Low | Value | Volume |
43.0¢ | 46.0¢ | 42.0¢ | $600.8K | 1.353M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21499 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.5¢ | 70077 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21499 | 0.445 |
2 | 8966 | 0.430 |
2 | 14058 | 0.425 |
6 | 76107 | 0.420 |
3 | 14861 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.455 | 68221 | 1 |
0.465 | 26250 | 2 |
0.470 | 80000 | 4 |
0.475 | 75581 | 5 |
0.480 | 74864 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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