PEXA’s short-interest shock
PEXA (ASX: PXA) has moved firmly into the short-sell spotlight, with the stock hit by a sharp selloff and multiple sessions of double-digit declines as brokers and investors repriced regulatory risk around its core ELNO conveyancing platform.
At the same time, short interest has edged higher and now sits in the low single-digit percentage of issued shares, which is not extreme in absolute terms, but still enough to amplify downside volatility when sentiment shifts quickly.
For The Investor Standard readers, what matters is not. . .
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