The graph shows the reported long shorts, below shows the amount of short selling intraday, which may be closed out before the end of the day.... this is death by a 1000 cuts, and takes advantage of the trend and reinforces the trend. I can't imagine that this could be done easily by a person, but an algorithm which can see every trade microseconds before every other computer can do this by front-running. That's why day trading is so tough these days .... the algo's anticipate your every move.
Look at the column below "shorts as % of volume". I suspect now that SLR has been established as "oversold", TPTB will go heavy long and till it reaches an "overbought" technical status, then the shorting process starts again - ' wash, rinse, repeat ' .... " it's not personal, its just business ".
Next week will see a sharp SP rebound as analysts give their stamp of approval to the quarterly, most having a 60c+ valuation, albeit somewhat reduced from former levels.
MOST RECENT SHORT SALES
Data graphed above represents aggregate short sales, provided by ASIC with a lag of 4 trading days (T+4). The ASX releases non-aggregated daily short sales figures which can be used as an indication of short sales activity within this 4 day window. These figures are released by the ASX daily and cover the previous days activity. This activity is listed in the table below, and is usually updated at 11:30am Sydney time. The table includes the most recent 20 ASX short sales updates for this stock. Alert symbols indicate the stock has been shorted more than 0.5% on the day.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
1
Date
Gross shorts 1
Issued capital
% Capital shorted 2
Trade volume 3
Shorts as % of volume
2
Thu 19th Oct, 2017
251,768
503,771,434
0.05%
5,658,856
4.45%
3
Wed 18th Oct, 2017
70,607
503,771,434
0.01%
3,383,738
2.09%
4
Tue 17th Oct, 2017
148,395
503,771,434
0.02%
2,240,805
6.62%
5
Mon 16th Oct, 2017
16,616
503,771,434
0.00%
1,791,638
0.93%
6
Fri 13th Oct, 2017
181,370
503,771,434
0.03%
743,838
24.38%
7
Thu 12th Oct, 2017
148,989
503,771,434
0.03%
719,262
20.71%
8
Wed 11th Oct, 2017
42,001
503,771,434
0.00%
1,384,401
3.03%
9
Tue 10th Oct, 2017
140,501
503,771,434
0.02%
701,943
20.02%
10
Mon 9th Oct, 2017
398,744
503,771,434
0.07%
1,411,606
28.25%
11
Fri 6th Oct, 2017
143,119
503,771,434
0.02%
900,641
15.89%
12
Thu 5th Oct, 2017
325,873
503,771,434
0.06%
1,351,516
24.11%
13
Wed 4th Oct, 2017
272,292
503,771,434
0.05%
585,764
46.48%
14
Tue 3rd Oct, 2017
245,845
503,771,434
0.04%
1,762,803
13.95%
15
Mon 2nd Oct, 2017
110,728
503,771,434
0.02%
1,902,322
5.82%
16
Fri 29th Sep, 2017
94,380
503,771,434
0.01%
1,023,858
9.22%
17
Thu 28th Sep, 2017
243,412
503,771,434
0.04%
679,332
35.83%
18
Wed 27th Sep, 2017
91,274
503,771,434
0.01%
1,103,739
8.27%
19
Tue 26th Sep, 2017
76,840
503,771,434
0.01%
1,211,196
6.34%
20
Mon 25th Sep, 2017
285,816
503,771,434
0.05%
2,226,490
12.84%
21
Fri 22nd Sep, 2017
367,611
503,771,434
0.07%
2,231,402
16.47%
1 Reported gross short sales. 2 % Capital reported as short sold (non aggregated). 3 Total stock trade volume.