There really isn't a huge amount of short sales going on, but it is effecting sentiment. However, I take the view that it is a dangerous game to be shorting this coy now given it's fundamentals and now with a very low p/e, historic lows. I mean it's also about half it's NTA/share.
It may go lower, but at some point these shorters have to cover themselves and the bounce should be phenomenal.
TA- majorly oversold - bounce coming, page-8
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