The other thing that shorting to the tune of 44.6% of sales reveals - it is a price-control exercise, not one that is driven by trading profits.
If you are almost entirely buying back your own shorts (rather than earning trading profits off other buys/sellers), then there can be no trading profit. Imagine 50% shorting, where for every short sale, there is a corresponding buy back of a short. No third parties involved, just a zero-sum churn.
At 44.6% of total sales, the shorters are performing an act of 'share market onanism'.
Yaq
ESG Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
