Shorts profit taking

  1. 2,529 Posts.
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    It would appear from the volume that a number of shorts have taken profits & exited the stock.

    The stock price may now have risen to a point where it stagnates & the shorts may resume their position & push the price back down.

    If the price has been pushed artificially high the shorts will be back in business.

    Has the company suddenly increased its market share to command the current price?

    If not, it could prove to be a sitting duck for shorts to move back in.
 
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(20min delay)
Last
1.6¢
Change
0.000(0.00%)
Mkt cap ! $6.548M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
5 351996 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 358041 1
View Market Depth
Last trade - 16.21pm 08/08/2025 (20 minute delay) ?
ACR (ASX) Chart
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