Thought I would provide an illustrative example on the short squeeze for HVN.
Shares outstanding 1.1b
Percentage of aggregate shares short 10.09% (as per ASIC) which represents 111m total shares short (10.09% x 1.1b)
Average daily volume = 5m
Buy back shorted stock = total short / average daily volume
= 111m / 5m
= 22 days
This means it will take 22 days for all shorts to be covered lol.
Good luck getting out at a good exit price.
Ann: 10 mths to 30-4-2017 agg sales by hn, dm & jm franchisees, page-79
-
- There are more pages in this discussion • 233 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.64 |
Change
0.050(1.09%) |
Mkt cap ! $6.080B | |||
| Open | High | Low | Value | Volume |
| $4.59 | $4.66 | $4.58 | $5.056M | 1.092M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $4.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.64 | 33521 | 4 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| HVN (ASX) Chart |
