The shorts still seem pretty high given the possible outlook of the uranium price rallying potentially higher from here.
It will be interesting to see where they start to stop out - I think it will be the mid-90s. They will still be hoping for a pullback or trying to double down a bit up around these levels. We have more short interest now given we are in the ASX200 and there is more short lending around.
DYOR
uranium news, page-666
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