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

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What 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:

ANI

Balrampur Chini Mills
OI change on June 20: -2.71%Change in stock price: 0.03%

Agencies

Naukri
OI change on June 20: -0.61%

Change in stock price: 0.46%

ETMarkets.com

Glenmark Pharma
OI change on June 20: -0.16%

Change in stock price: 0.23%

ETMarkets.com

Syngene
OI change on June 20: -0.08%

Change in stock price: 0.32%

ETMarkets.com

Bank of Baroda
OI change on June 20: -0.06%

Change in stock price: 0.12%

ETMarkets.com

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