Sustained Short Building in KALU
Kaiser Aluminum (KALU) is under heavy bearish pressure following its October 22 Q3 earnings report. Short sellers have aggressively added to their positions, accumulating roughly 146,000 shares over four consecutive daily builds through October 23. This activity has pushed the total short position to 1.08 million shares. The stock has declined 30% over the past month, and the persistent accumulation of short positions suggests that market participants remain unconvinced of a near-term recovery for the aluminum producer.
Signal data sourced from Ortex. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
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