APO 0.00% $6.69 apn outdoor group limited

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  1. 29 Posts.
    Based on shortman.com.au APO is getting hammered by shorters. 1.6% of shares were short positions in May and that figure has risen relatively linearly up to 9% as of last week. This makes it the 20th most shorted stock on the ASX. For some reference HVN is 10%, MYR is 16%, and SYR is most shorted with 19%.

    What makes APO such an unattractive stock to these shorters?
 
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