WBC 0.44% $28.61 westpac banking corporation

Why is Westpac share price falling?, page-61

  1. 314 Posts.
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    To add to my point above, it looks like short sellers are targeting WBC more so than any of the big four. The royal commission does not explain why WBC has been performing more poorly in comparison to CBA over the last month or so - reading this article here : https://www.*.com.au/chart-there-ar...rting-to-target-australian-banks-again-2018-4 it looks like short sellers targeted CBA in Jan then shifted mostly to WBC now. What makes no sense is CBA arguably has a worse reputation than WBC (money laundering scandal, financial planning scandal, departure of Narev etc) yet WBC is targeted??? Add to that CBA is not paying a div in May so what gives? It makes no sense why WBC is targeted over CBA. I'ld speculate the short sellers were burnt in Jan on CBA and are now piling it on WBC judging by the increase in short interest on WBC compared to the reduction in CBA
 
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$28.61
Change
0.125(0.44%)
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$28.48 $28.64 $28.40 $39.56M 1.387M

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No. Vol. Price($)
6 1655 $28.60
 

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Price($) Vol. No.
$28.61 2568 8
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