GXY 6.40% $3.51 galaxy resources limited

Banter and General Comments, page-4525

  1. 546 Posts.
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    @ fnbig1

    I agree with your comments regarding the focus/actions of the shorters.

    Data points worth calling out.
    40.2% of shares traded over the last 30 days was for short trading. The last 4 trading days this number has been 52%
    On 6 March there was 61M shares short for 15.7%. By the 8 March that increased to 72M shares short for 17.6%
    The highest number shorted was 18.4% on 24 Aug 2018. (Pervious 12 months)
    The lowest number shorted was 13.8% on 12 Sept 2018. (Pervious 12 months)
    Top 20 shareholders hold 55% of the company. This informs how far they'll attack the stock

    Shortman chart below.

    https://hotcopper.com.au/data/attachments/1469/1469978-0b44bcb293c6fea2d794ad7f273e9431.jpg

 
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