Number of Shares Shorted is total amount of shares that are currently sold short by investors. When stock is sold short, the short seller assumes the responsibility of buying the stock back at a lower price. The speculator will make money if the stock goes down in price or will experience loss if the stock price goes up.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect price of the stock.
DRDGOLD Number of Shares Shorted Assessment
Based on recorded statements DRDGOLD Ltd has 260.57 K of outstending shares currently sold short by investors. This is 94.8% lower than that of the Basic Materials sector, and 94.04% lower than that of Gold industry, The Number of Shares Shorted for all stocks is 91.71% higher than the company.
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DRDGOLD is currently under evaluation in number of shares shorted category among related companies.
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DRDGOLD Ltd Profile
DRDGOLD LtdUSA StockCurrency: USD - US DollarTraded on New York Stock Exchange
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