MTS 0.84% $3.53 metcash limited

Short Squeeze - Phase 2, page-29

  1. 5,420 Posts.
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    Can anyone try to explain to me why MTS is consistently the most (or at least top 3) shorted ASX stock?
    I understand the headwinds etc, but the debt is reducing at the moment to very manageable levels and its clearly a profitable business. Surely with the huge numbers of shorts, they would be worried about the effect when other shorts decide to close?!

    To me its a double edge sword - in one breath it worries me (what am I missing?) but at the same time I feel like there is potential for a large rise when the shorts do cover....
 
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