the way I figure it, the shorts are slowly decreasing as the price is going up. That surely means that they’re not shorting on the basis that it’s overvalued - otherwise they’d increase shorts when the price goes up. Which means the shorts aren’t comfortable even with their own thesis. Couple that with lots of money being spent on travel, but not so many people travelling, suggesting we’re in a period of high margins, and a short squeeze seems probable. Which is why I bought in recently.
the way I figure it, the shorts are slowly decreasing as the...
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Last
$20.40 |
Change
-0.080(0.39%) |
Mkt cap ! $4.509B | |||
| Open | High | Low | Value | Volume |
| $20.63 | $20.70 | $20.19 | $27.00M | 1.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2188 | $20.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.40 | 642 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FLT (ASX) Chart |