The top 6 most interesting things in ASX small caps today. 1,242 stocks analysed.
#1
CHM jumped +100.0% — one of today's biggest movers
CHM (Healthcare) had a cracking session, climbing +100.0%. Moves this size don't usually happen without a reason — worth checking what's behind it.
#2
MCE jumped +50.0% on 19x normal volume — one of today's biggest movers
MCE (Industrials) had a cracking session, climbing +50.0%. Moves this size don't usually happen without a reason — worth checking what's behind it.
#3
PNV gained +5.1% despite 14.2% short interest — squeeze potential?
Here's an interesting one: 14.2% of PNV's shares are sold short, yet the stock climbed +5.1% today. When shorts get caught on the wrong side, they're forced to buy back — which can pour fuel on the fire.
#4
TWE gained +3.3% 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 +3.3% today. When shorts get caught on the wrong side, they're forced to buy back — which can pour fuel on the fire.
#5
FRM flagged by Scout but sitting 41% 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.
#6
PEN flagged by Scout but sitting 40% below its 52-week high
This is a classic contrarian setup: PEN (Energy) 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.