AC8
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0.00% 4.0¢ auscann group holdings ltd

The short position on AC8 is 12th on ASX at 56,890 shares....

  1. dmaivn
    1,299 Posts.
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    20/06/18
    14:35
    Post #: 33828882
    The short position on AC8 is 12th on ASX at  56,890 shares.

    https://www.asx.com.au/data/shortsell.txt

    The number of shorted shares is not huge but the percentage is high. I don't think this is a big problem for shorts to cover with the current volume. However, I wonder if the shorts are selling short today to get it to drop so badly. If they do, the covering of short position will see a sharp bounce once the trend reverse.
    AC8 Price at posting: $1.10 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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