$AIN Contract data breakdown: Over 24 hours, open interest fell by a net 10.54% while the price rose 23.33%; the value of open interest is approximately $47.58 million.
Who’s more on the back foot? In this move, it may be the shorts—falling open interest alongside rising prices usually indicates short positions being covered and closed. Once the positions are closed, the rally could slow if no new longs enter.
Are you going long or short?
#AIN
Who’s more on the back foot? In this move, it may be the shorts—falling open interest alongside rising prices usually indicates short positions being covered and closed. Once the positions are closed, the rally could slow if no new longs enter.
Are you going long or short?
#AIN