Thanks Kens -
IMO the current number of shorts, when combined with the (lack of) liquidity and daily volume tells me the Shorts are predominantly a Hedging position as opposed to sentiment driven.
No trader would entertain a true short position of this size, as they want/need it to be coverable in a day's trading (or less) to exit if the SP strengthens.
Thanks Kens - IMO the current number of shorts, when combined...
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Last
$12.24 |
Change
-0.010(0.08%) |
Mkt cap ! $1.558B | |||
| Open | High | Low | Value | Volume |
| $12.31 | $12.47 | $12.04 | $1.617M | 132.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 562 | $12.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.25 | 803 | 16 |
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| Last trade - 14.50pm 04/11/2024 (20 minute delay) ? |
| NEU (ASX) Chart |