Probably doesn't have that much to do with Anteris specifically as a company but a result of everybody going short on riskier assets as Trump crashes the market.
The cost to borrow is only 6%, which is relatively low. For example, I've made a very small bet in a profitable fintech company that has a tiny market cap due to a mountain of convertible notes still outstanding and the cost to borrow that stock has been over 400% recently, which could trigger a short squeeze if short sellers rush to buy back shares after a news release...or not if no news and the stock continues to drop. That's why I only gambled a small amount.
Anyway, this is what you get with AVR trading on Nasdaq as opposed to OTC in the US. It's much more exposed to macro conditions.
Add to My Watchlist
What is My Watchlist?
