Over the past week of ASIC short position data to 13 October, short sellers built their largest new positions in Boss Energy (BOE, up 1.83 percentage points to 14.86% of shares on issue), Droneshield (DRO, up 1.35pp to 16.41%) and Lotus Resources (LOT, up 1.29pp to 16.21%). Rising short interest signals growing bearish conviction against a stock among hedge funds and institutional investors.
On the other side of the ledger, shorts covered most heavily in PLS Group (PLS, down 0.73 percentage points to 12.30% of shares on issue), 4Dmedical (4DX, down 0.51pp to 10.61%) and Lendlease Group (LLC, down 0.49pp to 8.85%). Falling short interest can mean the bear case has played out — or that short sellers are locking in profits and reducing exposure.
Track every position change in the stock screener or browse the top 100 most shorted ASX stocks.