BAL 0.04% $12.88 bellamy's australia limited

Tech. Analysis Nabtrade, page-97

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    Bellamy's Australia short sell
    volume in bottom 10% of Australia,
    increases
    Bellamy's Australia Limited, Australia's 8th largest Food, beverage & tobacco company by market cap, has
    increased 5.0c (0.6%) from its last trading session of February 12 to close at $A9.17. Compared with the All Ordinaries Index which fell 8.6 points (0.1%) in the day, the relative price increase was 0.7%. The volume was 0.8 times the average
    daily trading volume of 1.5 million shares. The current short selling volume of 333,541 shares is 0.5 times its own historical
    average. The short-interest ratio defined by number of shares sold short/average daily volume was 0.2 for the day and as
    per that indicator, Bellamy's Australia's stock ranked in the bottom 10% of the Australian market. This is a bullish indicator.
    Its MCap is $A1 billion.

 
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Currently unlisted public company.

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