NCK 4.59% $14.12 nick scali limited

To the CIOs out there:The short interest in NCK is ~3.6 million...

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    To the CIOs out there:

    The short interest in NCK is ~3.6 million shares.

    The average daily turnover in NCK is ~153,000 share.

    At 30% volume, the bears can cover 45,900 shares per day.

    It will take you 78 trading days or almost 4 months to cover.

    You can easily argue that the pessimism is well and truly in the NCK share price, and that second-order thinking would suggest a different investing position.

    If you have an analyst that is a bear and ignores liquidity or "gap" risk upwards, you need to fire them now before they blow up your portfolio and/or firm.


 
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