As of Friday it was still 21.6 mill. Now as of yesterday GDXJ holding of WGX has finally fallen... 18.1 mill
So GDXJ trimmed 3.5 mill WGX shares from its holding.
I dont know if the rebalance is done. But you can now understand what happened: the shorters knew this selling would happen. And 3.5 mill (at least) on a thinly traded share (when price was in 1.30s the volume was averaging a bit over 200k per day. So if a fund needs to sell ONE MONTH worth of share sales, then wow.
Assuming GDXJ is done, the shorters should need to cover. (or perhaps already did).
As of Friday it was still 21.6 mill. Now as of yesterday GDXJ...
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Last
$2.85 |
Change
0.010(0.35%) |
Mkt cap ! $2.527B | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.88 | $2.83 | $5.068M | 1.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 49644 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 104299 | 3 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| WGX (ASX) Chart |
