How good is the short squeeze.. +5% today and hopefully costing some of those institutions/hedge funds a pretty penny along the way to unwind their shorts.
When ING was shorted at $4.50, I understood shorting it... but when the drought eased, input / feed prices dropped, their plants were no longer shut down because of Covid-19, and the stock price was floundering at $3.. to still have those huge amounts of shorts was a bit ridiculous.
This aint a short squeeze, but having them run for cover and unwinding to let the shareprice go back to fair levels is nice to see.
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Last
$3.39 |
Change
0.000(0.00%) |
Mkt cap ! $1.259B | |||
| Open | High | Low | Value | Volume |
| $3.38 | $3.40 | $3.37 | $4.288M | 1.267M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2950 | $3.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.40 | 21385 | 3 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| ING (ASX) Chart |