CUV clinuvel pharmaceuticals limited

Shorts are trapped

  1. 16 Posts.
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    I think shorts are now trapped. For the last 30 days they managed to reduce their short position by 93k shares or 3.2%. At the same period the share price appreciated by 8.4%, from $14.25 to $15.45. I know that this correlation does not mean it is a causation we can prolong into the future, but an increased possibility. We were waiting for this trap, which was seemingly the only possibility to get rid of shorts, for a very long time and possibly it has finally arrived, thanks to the share buyback, more publicity and upcoming catalysts. Now the shorting could become a blessing.
 
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(20min delay)
Last
$11.84
Change
0.600(5.34%)
Mkt cap ! $593.4M
Open High Low Value Volume
$11.24 $12.13 $11.23 $3.118M 263.4K

Buyers (Bids)

No. Vol. Price($)
1 3971 $11.80
 

Sellers (Offers)

Price($) Vol. No.
$11.95 2000 1
View Market Depth
Last trade - 16.10pm 17/09/2025 (20 minute delay) ?
CUV (ASX) Chart
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