MYR 0.60% 82.5¢ myer holdings limited

Shorters in MYR have a choice, page-3

  1. 6,293 Posts.
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    I just took a look at the macro-short position in Myer. In a nutshell, there was a significant surge in short positions commencing Late July-August 2014, and this commenced when the share price had been hovering around $2 for a while. The increased short position in totality went from around 10% to 17% where it has existed for a while upto now. Given MYR is now around 1.85, there's not a lot of incentive now for shorters to maintain their position and like the poster above, I can foresee a squeeze coming where they will have to buy back in a hurry to avoid taking a hit. Maybe this is a being engineered already given the increased share price this past month. I can't wait for this to happen given the agony they caused when the stock was forced down into the 1.30's. I topped up a bit at 1.45 so am quite happy about that.
 
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Last
82.5¢
Change
-0.005(0.60%)
Mkt cap ! $690.9M
Open High Low Value Volume
82.0¢ 82.5¢ 82.0¢ $508.3K 617.4K

Buyers (Bids)

No. Vol. Price($)
1 10800 82.0¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 85841 7
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Last trade - 16.10pm 01/10/2024 (20 minute delay) ?
MYR (ASX) Chart
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