Puzzled
On the 14 stocks I track the short % borrowed on 13 of the stocks all increased by a significant amount on the same day as you refer to.
My interpretation is that this is a big player/s probably borrowing expecting the macro economic backdrop to deteriorate. I'm also mindful that they are not obliged to sell the borrowed shares on market either.
The short % sold of daily volume is lumpy and not consistently high like it was a month back.
Let's hope they sell their PNV borrowed shares to long term tight hands.
Only 52% of average 65 day volume today. Supply appears to be tight atm.
PuzzledOn the 14 stocks I track the short % borrowed on 13 of...
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Last
$2.58 |
Change
0.040(1.57%) |
Mkt cap ! $1.781B | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.59 | $2.53 | $3.881M | 1.517M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10150 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.58 | 38947 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| PNV (ASX) Chart |