If they have already sold stock at a higher price than they later have to buy it back - then that is where the profit comes from (minus any fees for the loan).
The discussion is more about the buying back. It can be completed without it showing up in the short stock numbers.
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Short Activity in PNV, page-189
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Last
$2.61 |
Change
0.160(6.53%) |
Mkt cap ! $1.802B | |||
| Open | High | Low | Value | Volume |
| $2.50 | $2.61 | $2.48 | $4.801M | 1.866M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2558 | $2.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.61 | 64745 | 5 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| PNV (ASX) Chart |