I thought when people cover their shorts it causes the price to go up, not down???
As they effectively are buying when they cover.
When you take a short position you are selling causing the price to drop and vice versa when you cover a short you are buying so price goes up.
I thought when people cover their shorts it causes the price to...
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Last
$1.44 |
Change
0.025(1.77%) |
Mkt cap ! $1.346B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.46 | $1.42 | $7.359M | 5.120M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 125409 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 7283 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$1.45 |
Change
0.025 ( 1.88 %) |
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| Open | High | Low | Volume | ||
| $1.43 | $1.46 | $1.42 | 905472 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| SLR (ASX) Chart |