I think someone more knowledgeable mentioned some shorts are used as hedge as opposed to shorting to drive the price down for profits.
Dyor
Why IMU is a multi multi bagger, page-18558
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 (20min delay)
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Last
5.3¢ |
Change
0.003(5.00%) |
Mkt cap ! $382.1M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.3¢ | 5.0¢ | $501.0K | 9.730M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 745080 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 1163922 | 22 |
View Market Depth
| Last trade - 14.57pm 07/08/2024 (20 minute delay) ? |
| IMU (ASX) Chart |