Short covering refers to the buying of shares 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:
iStock
2/6
IEX
OI change on May 23: -0.85% Change in stock price: 0.16%
Agencies
3/6
India Cements
OI change on May 23: -0.66% Change in stock price: 0.36%
ETMarkets.com
4/6
Nestle
OI change on May 23: -0.44% Change in stock price: 0.32%
AFP
5/6
Cholafin
OI change on May 23: -0.22% Change in stock price: 0.32%
ETMarkets.com
6/6
REC
OI change on May 23: -0.04% Change in stock price: 0.19%
