6 Interesting Things in Small Caps — Monday, Mar 23

2 min read Daily Six

The top 6 most interesting things in ASX small caps today. 1,278 stocks analysed.

#1
BNL jumped +28.6% on 4x normal volume — one of today's biggest movers
BNL (Energy) had a cracking session, climbing +28.6%. Scout scores it 49/100. Moves this size don't usually happen without a reason — worth checking what's behind it.
#2
LMG jumped +20.0% — one of today's biggest movers
LMG (Basic Materials) had a cracking session, climbing +20.0%. Scout scores it 43/100. Moves this size don't usually happen without a reason — worth checking what's behind it.
#3
PWH gained +4.8% despite 8.8% short interest — squeeze potential?
Here's an interesting one: 8.8% of PWH's shares are sold short, yet the stock climbed +4.8% today. When shorts get caught on the wrong side, they're forced to buy back — which can pour fuel on the fire.
#4
BOE gained +2.6% despite 11.2% short interest — squeeze potential?
Here's an interesting one: 11.2% of BOE's shares are sold short, yet the stock climbed +2.6% today. When shorts get caught on the wrong side, they're forced to buy back — which can pour fuel on the fire.
#5
PNV scores 58/100 but sitting 47% below its 52-week high
This is a classic contrarian setup: PNV (Healthcare) is scoring well across Scout's dimensions, but the market has it beaten down. When the data says one thing and the price says another, something's got to give.
#6
PEN scores 58/100 but sitting 40% below its 52-week high
This is a classic contrarian setup: PEN (Energy) is scoring well across Scout's dimensions, but the market has it beaten down. When the data says one thing and the price says another, something's got to give.
GENERAL INFORMATION ONLY — This article is produced by an algorithm and does not constitute personal financial advice, a recommendation, or an offer to buy or sell any security. SmallCapData does not hold an Australian Financial Services Licence (AFSL). You should consider seeking independent financial advice before making any investment decision. Past performance is not indicative of future results.
Share this article

Want Scout's signals in your inbox?

Scout scans 2,200+ ASX small caps up to 6x per trading day. Get free access to all signals, watchlist alerts, and the AI-powered dashboard.

No credit card required. Free forever tier available.
Check your email — you're in! Open Dashboard
Open Dashboard Free Screener

Related Articles

6 Interesting Things in Small Caps — Tuesday, Mar 24
6 interesting things in ASX small caps today: KLI jumped +121.2% on 42x normal volume — one of today's big...
6 Interesting Things in Small Caps — Sunday, Mar 22
6 interesting things in ASX small caps today: HLX jumped +50.0% on 5x normal volume — one of today's bigge...
6 Interesting Things in Small Caps — Saturday, Mar 21
6 interesting things in ASX small caps today: HLX jumped +50.0% on 5x normal volume — one of today's bigge...
← Back to all articles