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 Wednesday’s trading session, five stocks saw top short covering. Here’s the list:
iStock
OI change on May 22: -2.56% Change in stock price: 0.62%
ETMarkets.com
OI change on May 22: -1.75% Change in stock price: 0.49%
OI change on May 22: -0.89% Change in stock price: 0.66%
ETMarkets.com
OI change on May 22: -0.21% Change in stock price: 0.31%
ANI
OI change on May 22: -0.12% Change in stock price: 0.38%
