Shorting happens when a person has a view a stock price will probably go down rather than up so they sell shares say for $10 (borrow the shares for a fee but don't buy them so they can settle the trade ) and then buy shares later on market for say $8 and make $2 profit. Then return the borrowed shares to original owner that lent them.
Sometimes the shorting is so much volume over such a long period its hard for a price recovery until the company issues some positive news.
Google "Shortman" for daily shorting volumes. Its an eye opener.
All the best.
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$30.05 |
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Mkt cap ! $103.7B |
Open | High | Low | Value | Volume |
$30.28 | $30.37 | $30.05 | $129.0M | 4.280M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 772 | $30.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$30.07 | 6500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 772 | 30.030 |
4 | 14240 | 30.020 |
22 | 26209 | 30.000 |
1 | 840 | 29.990 |
1 | 12457 | 29.980 |
Price($) | Vol. | No. |
---|---|---|
30.070 | 6500 | 1 |
30.120 | 456 | 1 |
30.140 | 23 | 1 |
30.150 | 6470 | 5 |
30.170 | 2000 | 1 |
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