February 13, 2020

The Short Report

By Rudi Filapek

Summary:

Week ending February 6, 2020

Last week saw the ASX200 take its second leg down on the coronavirus scare before bottoming out and beginning the rebound ...

I noted in last week’s Report that Nearmap’s ((NEA)) profit warning sparked a -25% sell-off in the share price but an increase in short positions to 13.7% from 12.3%. Analysts have since called the plunge misguided, and while the share price has only marginally improved in the interim, short positions last week dropped to 10.8% from 13.7%.

Bit of a rethink, it appears.

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