THere has been an explosion in the % of shorts on SLR to 6% https://www.shortman.com.au/stock?q=slr
What are your thoughts on this?
Is it positioning for the tie up or for ASX300 ascention?
If they are pure shorts the price is holding up pretty well considering and eventually they have to be closed out.
Shorts @ 6%
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Last
$1.42 |
Change
-0.005(0.35%) |
Mkt cap ! $1.322B | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.43 | $1.40 | $2.203M | 1.556M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 68362 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.42 | 40362 | 23 |
View Market Depth
| Last trade - 13.14pm 03/05/2024 (20 minute delay) ? |
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Last
$1.42 |
Change
-0.005 ( 0.48 %) |
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| Open | High | Low | Volume | ||
| $1.42 | $1.43 | $1.40 | 629732 | ||
| Last updated 13.30pm 03/05/2024 ? | |||||
| SLR (ASX) Chart |