Bank of Baroda, Balrampur Chini Mills among 5 stocks with short covering – What is short covering?

Bank of Baroda, Balrampur Chini Mills among 5 stocks with short covering – What is short covering?

Jun 20, 2024, 05:52:49 PM IST1/6What is short covering?Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold. Short covering signals a shift in view on security from extreme bearishness to bullishness. In Thursday’s trading session, five stocks saw top short covering. Here’s the list:ANIOI change on June 20: -2.71%Change in stock price: 0.03%AgenciesOI change on June 20: -0.61%Change in stock price: 0.46% ETMarkets.comOI change on June 20: -0.16%Change in stock price: 0.23%ETMarkets.comOI change on June 20: -0.08%Change in stock price: 0.32%ETMarkets.comOI change on June 20: -0.06%Change in stock price: 0.12%ETMarkets.com
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Source: https://economictimes.indiatimes.com/markets/stocks/news/bank-of-baroda-balrampur-chini-mills-among-5-stocks-with-short-covering/what-is-short-covering/slideshow/111142514.cms?from=mdr