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.
Shorted by Public
About Number of Shares Shorted
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.
Based on recorded statements DRDGOLD Ltd has 1.18 M of outstending shares currently sold short by investors. This is 79.08% lower than that of the Basic Materials sector, and 36.48% lower than that of Gold industry, The Number of Shares Shorted for all stocks is 61.28% higher than the company.