KLA 0.00% $52.69 kirkland lake gold ltd

Valuation and SWOT Analysis - KLA Jan 2020, page-9

  1. 176 Posts.
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    Can others here explain the short positions ? @RM8 ?

    Shortman said -

    28/1 - there were 266,805 shares short out of 1M
    29/1 - there were 220,405 shares short out of 1M
    30/1 - there were 199,005 shares short out of 1M
    31/1 - there were 170,405 shares short out of 1M

    So that's 96,400 shares that would have to have been bought back over that 4 day period (which would have been one hell of a short covering rally !!) - but ASX says that total trades over that 4 day period were only 12,532.

    Where did they buy the other 83,868 shares to reduce the shorts ?

    Can they buy in US and Canada market to return the shorted stock ?

    I have never shorted and don't know what is happening here.

    Answers anyone ?

    Cheers
 
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