Three-year shorting graph.
I can't see any logical reason you'd want to keep shorting STX after it has already experienced a very large sell-off event. We are also producing strong revenues, so CR risk is limited.
The three main explanations for short-selling that I can think of are: a). bog-standard bot activity (with related-party transactions reported as short sales. 2). speculation/preparation for exiting the ASX 200, or 3). straight-up manipulation pending a takeover offer.
Might be a combination of all three.
Three-year shorting graph.I can't see any logical reason you'd...
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $557.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $1.920M | 9.842M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 2142881 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 1315232 | 13 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
19.5¢ |
Change
0.000 ( 0.61 %) |
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| Open | High | Low | Volume | ||
| 19.8¢ | 20.0¢ | 19.0¢ | 5581238 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| STX (ASX) Chart |