MFG magellan financial group limited

Short covering in MFG coming?

  1. 309 Posts.
    just looking at Bloomberg and it shows just under 2% of the free float is short. That's 1.7mio shares.

    Looking at the bid offer out there today it's clear these shorts do not want this stock popping and thus forcing them to cover.

    Someone keeps offering 10k parcels just above the offered price.

    This stock could pop if they are forced to cover.

    Love it!!!
 
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(20min delay)
Last
$8.49
Change
0.000(0.00%)
Mkt cap ! $1.461B
Open High Low Value Volume
$8.50 $8.67 $8.48 $3.088M 361.0K

Buyers (Bids)

No. Vol. Price($)
1 1950 $8.48
 

Sellers (Offers)

Price($) Vol. No.
$8.59 5048 2
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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