Hii Paton , I guess they only started shorting after it had initially gone up, so no point working from the previous days close on your % calculations, but it is nice to hope they are losing money, isn’t it.
Will be interesting to see if they have closed out or still open, maybe they are just trading the intraday price movements or may they think long term it’s over valued.
Perhaps they are looking to close out their positions in any discounted capital raising that may occur?
Shorting, page-8
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