LYC 0.57% $7.06 lynas rare earths limited

Short interest versus LYC share price: over/under 1-year...

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    Short interest versus LYC share price: over/under 1-year charts.

    The little bump at the end spans Aug 6 to Aug 26th and represents about 5M sold short shortly before the AR and 4M bought back immediately after. Looking at share prices (AUD$6 before; $7 after) that would be a quick loss of ~15% for Contrarians, aww shucks.

    Current short sales are 102M (~10.9% of total float), and I guesstimate more than half are similarly underwater.

    https://hotcopper.com.au/data/attachments/6424/6424623-812e649ecd7b864a342d37eca245637a.jpg

    https://hotcopper.com.au/data/attachments/6424/6424602-9bed691d16fa7dda30192f546eaac772.jpg


 
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