RE: End of day trades14 Apr 2023 21:41
Good question Waffen, we never get 'those in the know' in these parts informing us.. You are right about 'bots though, 'they' squirt out these little trades to determine who/what is buying /selling- usually another 'bot lol.
Other theories I've read down the decades is the small trade 'round up' and earlier trade; so if someone doesn't get, say, 10000 but only 99800 of Hooboy Aerospace the broker will buy a few shares later to make it up.
Of course there is the Code theory some folks have come up with extensive tables over the years; like' 2' meaning 'we need more shares'.
Have a good weekend one and all.