Yes, one risk I've always been told to be aware of when considering shorting is "days to cover" (volume shorts / average volume) MYR's days to cover is about 36 days; huge!!! Perfect setup for a run IMO, along with retail investors looking for yield following interest rate drop, div coming up, and that's forgetting the possibility of a corporate play.
Shorters in MYR have a choice, page-4
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 (20min delay)
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Last
80.0¢ |
Change
0.005(0.63%) |
Mkt cap ! $665.4M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 78.5¢ | $218.7K | 275.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 93000 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 122792 | 4 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MYR (ASX) Chart |