During the last few reporting period, shorters have reduced their activity on HPQ from more than 12% of total volume about a month ago to less than 2% in the latest period. Also reducing their long therm short position by 386 thousand shares two weeks ago. My guess is, they are still currently trying to cover some more. In a few days, when the consolidated report comes out, we will know how much more they have covered. It seems they are in their profit range, and they will try to keep the share price within that range for as long as they can so they can keep on covering their position at a profit. I’m not expecting too much downward pressure on the share price. Selling now only helps them to profit at your own expense.
HPQ-Silicon Resources Inc. |
|
Short |
% |
Short |
% |
Short |
% |
Average |
Consolidated |
Date |
Sale |
Total |
Traded |
Total |
Traded |
Total |
price |
No of |
Net |
|
Trades |
Trades |
Volume |
Volume |
Value |
Value |
of short |
shares |
Change |
|
|
|
|
|
|
|
|
|
|
Apr 30 22 |
|
|
|
|
|
|
|
|
|
Apr 30 22 |
24 |
1.683 |
53559 |
2.128 |
23 985 $ |
2.140 |
0,45 $ |
|
|
Apr 15 22 |
|
|
|
|
|
|
|
874589 |
-386571 |
Apr 15 22 |
98 |
2.679 |
298591 |
4.397 |
150 397 $ |
4.470 |
0,50 $ |
|
|
Mar 31 22 |
|
|
|
|
|
|
|
1261160 |
296103 |
Mar 31 22 |
740 |
12.481 |
1786472 |
13.136 |
912 201 $ |
13.592 |
0,51 $ |
|
|