Macquarie Bank goes substantial in Kingsgate with 9%, does this mean a short squeeze is about to begin

James McKay

BRR Media

Macquarie Bank goes substantial in Kingsgate with 9%, does this mean a short squeeze is about to begin? stock has been drilled in the last 12 months and has characteristics of not so much a falling knife as a falling javelin! One of the most highly shorted stocks on the ASX200 (14% short interest), soon to exit the 200 so selling of passive index players also exacerbating its fall, Internal sellers in Ross Smyth Kirk, it's always darkest before the dawn and for Kingsgate its currently pitch pitch black


James McKay
James McKay
Relationship Manager
BRR Media

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.