Yes the individual sorters are playing with fire. I stopped Shorting stocks when i was almost badly burned by shorting Amazone 1999 ~ 2000. I still do a lot of puts.
That does not change the fact that aggerated shorts on Lynas is small and has little impact on stock price. Yes shorts did grow from 2.2% to 3 % in recent rise and probably took a few pennies off of stock climb. As stock price falls they are selling to cover and added a few pennies to price.
shorts don't matter ....rubbish, page-3
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Last
$6.79 |
Change
-0.010(0.15%) |
Mkt cap ! $6.346B | |||
| Open | High | Low | Value | Volume |
| $6.84 | $6.88 | $6.78 | $12.19M | 1.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5667 | $6.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 6940 | 5 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |