6 Interesting Things in Small Caps — Saturday, Mar 28

2 min read Daily Six

The top 6 most interesting things in ASX small caps today. 1,262 stocks analysed.

#1
IFG jumped +50.0% on 8x normal volume — one of today's biggest movers
IFG (Technology) had a cracking session, climbing +50.0%. Moves this size don't usually happen without a reason — worth checking what's behind it.
#2
ENL jumped +33.3% on 4x normal volume — one of today's biggest movers
ENL (Healthcare) had a cracking session, climbing +33.3%. Moves this size don't usually happen without a reason — worth checking what's behind it.
#3
TWE gained +7.4% despite 11.9% short interest — squeeze potential?
Here's an interesting one: 11.9% of TWE's shares are sold short, yet the stock climbed +7.4% today. When shorts get caught on the wrong side, they're forced to buy back — which can pour fuel on the fire.
#4
IPH gained +1.6% despite 9.4% short interest — squeeze potential?
Here's an interesting one: 9.4% of IPH's shares are sold short, yet the stock climbed +1.6% today. When shorts get caught on the wrong side, they're forced to buy back — which can pour fuel on the fire.
#5
TBN is lighting up Scout's board — flagged across all six dimensions
TBN (Energy) is ticking boxes across the board today. It moved +10.4% on 3x volume. When all six dimensions (technicals, catalysts, fundamentals, momentum, sentiment and risk) align like this, it's worth a closer look.
#6
FRM flagged by Scout but sitting 37% below its 52-week high
This is a classic contrarian setup: FRM (Consumer Defensive) is flagged 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.
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