Kick
If 309,473 shorts were bought back and the total shorts reduced by 54,825 then there must be another
309,473-54,825 = 254,648 news shorts sold on the day.
These 254,684 new shorts could be interpreted as new players who see value in shorting it given it doesn'take sense for an entity to both buy and sell on the one day unless there was a significant change in the share price.
Do you agree with the logic behind that calculation?
Put another way
Shorts bought back - new shorts = gross aggregate change in shorts
KickIf 309,473 shorts were bought back and the total shorts...
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Last
$2.35 |
Change
0.020(0.86%) |
Mkt cap ! $1.623B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.37 | $2.27 | $3.035M | 1.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 26580 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 12054 | 2 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| PNV (ASX) Chart |