WOR 0.87% $13.87 worley limited

The recent pattern of shorting and price movement in MTS and WOR...

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    The recent pattern of shorting and price movement in MTS and WOR is diametrically opposed.

    As the price of MTS has risen recently, the shorted percentage has been falling.
    Whereas, with WOR, the shorted percentage is rising as the price goes up.

    It appears the shorters think that they will get another spin of the wheel with WOR, whereas it looks like it is the holdout shorters who are reluctantly vacating their positions in MTS, which must be disappointing for them.

    http://www.shortman.com.au/stock?q=mts
    http://www.shortman.com.au/stock?q=wor
 
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