From yesterday headline, great half year result and now short...

From yesterday headline, great half year result and now short covering leading upto 60 cent dividend.



Leighton (LEI.AU) shares are up 5.2% at A$19.15, after hitting
a 5-month high of A$19.22 this afternoon. Traders are attributing the rise to short
covering, given that about 15% of Leighton's market capitalization has been sold
short. "There's been no borrow (stock available to sell short) for the past few
weeks," says an institutional trader at a major brokerage.