Loading chart...
Latest announcements
View allAll announcementsMost shorted in Materials
View allAll MaterialsMegado Minerals Ltd (MEG) Short Interest Summary
Megado Minerals Ltd (MEG) currently has 0.00% of its shares sold short (11 thousand shares), based on ASIC short position data reported on 31 July 2023 (T+4 reporting lag). That makes MEG the #594 most shorted stock on the ASX most shorted list. MEG is part of the Materials sector on the ASX.
MEG Short Selling: Frequently Asked Questions
What is Megado Minerals Ltd (MEG)'s current short interest?
Megado Minerals Ltd (MEG) currently has a short interest of 0.00% of total shares outstanding. This means 0.00% of MEG's shares have been sold short by investors who expect the price to decline. This data is sourced from ASIC reports and updated daily.
Is MEG heavily shorted on the ASX?
MEG has a relatively low short interest of 0.00%. Short interest below 5% generally suggests limited bearish sentiment from short sellers.
What does short interest mean for MEG investors?
Short interest in MEG shows the percentage of shares investors have borrowed and sold, betting the price will fall. At 0.00%, MEG's short interest is at a low level. See our short squeeze candidates and days to cover analysis for more context.
Where does this MEG short data come from?
Short position data is published by ASIC with a four trading day delay (T+4) and covers reported short positions as a percentage of total shares on issue. ASX Short Data also tracks daily gross short sales (T+1), securities lending, and director trades for MEG.